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How would the proposed MBIE regulatory framework affect the current Engineering New Zealand membership classes?

Two common attributes of a profession are they sanction/confidence of the community and are self-regulated. In recent years there have been a number of high profile failures by professional engineers resulting in significant loss of life. As a result, the Ministry of Business, Innovation, and Employment (MBIE) have proposed changes to the way engineers are regulated, specifically with regard to conducting Safety Critical Work. Prepare a short essay (max 800 words excluding references) that addresses the following questions. Please justify your answers. Would the proposed MBIE regulatory framework solve the problem of engineers working critical work when they don’t have the necessary expertise? Why or why not? safety on How would the proposed MBIE regulatory framework affect the current Engineering New Zealand membership classes?
Would the scheme proposed by Engineering New Zealand be a better alternative to the MBIE scheme?
Just a reference:https://www.youtube.com/watch?time_continue=562&v=a7e6gC1ocvw