Law and Order Select Committee
Author: sysadmin
Fraud and abuse cases gathering dust, family violence reports soaring: Why police pushed for more numbers
Customers were often the victims in such fraud cases, New Zealand Bankers’ Association chief executive Karen Scott-Howman said.
Sharia finance a growing market but NZ banks not acting yet
Karen Scott-Howman said banks were constantly responding to customer preferences. “That’s certainly the case with mobile and internet banking. We’re not seeing that kind of demand for Sharia-compliant banking here.”
Draft Financial Services Legislation Amendment Bill and proposed transitional arrangements
Ministry of Business, Innovation and Employment
Westpac to chair New Zealand Bankers’ Association
Westpac chief executive David McLean has been elected chair of the New Zealand Bankers’ Association for 2017/18 and took on the role on 1 April. Kiwibank chief executive Paul Brock was elected deputy chair. David McLean says it’s a privilege to be elected chair and he is confident NZBA will continue to promote outcomes that… Read more »
Card skimming hits Rotorua locals
New Zealand Bankers’ Association chief executive Karen Scott-Howman said people should always take care when entering PIN numbers at ATMs.
Automatic Exchange of Information – Excluded entities and accounts lists – Additional submissions
Inland Revenue Department
Police swoop on $10k bank account deals
Karen Scott-Howman, chief executive of the Bankers’ Association, acknowledged the role banks play in fighting financial crime but said customer privacy and confidentiality was taken seriously.
FMA criticised for compromising quality by trying to increase the quantity of KiwiSaver advice on offer
NZBA submits that the Guidance Note should retain its current level of flexibility in recognition of the fact that sales conversations can evolve differently. NZBA would not like to see further prescriptive steps or ‘checklists’ added as a result of consultation, which will not necessarily further the objective of providing simple or better advice to… Read more »
RBNZ announce review of bank capital requirements
The review will cover the definition of capital, the measurement of risks that the banks face and the minimum capital requirements and buffer,” said Reserve Bank Deputy Governor Grant Spencer in a speech to the New Zealand Bankers’ Association in Auckland.
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