Media Appearances

Media Appearances

Interest.co.nz - 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 »
Media Appearances

NZ Herald - 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.
Media Appearances

NBR - RBNZ to hold more talks over bank quarterly disclosure regime

- The banks, through their industry lobby the New Zealand Bankers’ Association, sought another round of consultation “to work out the detail of the disclosures required, in particular to ensure that the disclosures are comparable between banks with different structures, and to address any other issues that will likely arise.”
Media Appearances

Stuff.co.nz - Scammers almost swipe $12,000 from Motueka woman

- “Fraudsters are always looking for new ways to trick people into providing confidential information which allows them to access bank accounts.” NZBA advises people to never give out confidential information such as PIN numbers or bank account usernames.
Media Appearances

NZ Herald - Telling the banks’ side of the story

- Karen Scott-Howman has a black belt in karate, was once a documentary producer and helped launch New Zealand’s first national spelling bee. It’s not quite the background you would expect from a Wellington lawyer whose job is to be the voice of the banking industry.
Media Appearances

Radio NZ - Quake aftermath: Freeze on new insurance policies

- New Zealand Bankers’ Association chief executive Karen Scott-Howman said banks were continuing to provide home loans in quake-affected areas. “Any issues would be around insurance. In line with previous practice, they’ll continue to require insurance for the properties they lend on.