Media Appearances

Media Appearances - Banks warn of loophole in Government plan to track foreign buyers

- “This…does not provide the outcome that the Government is seeking, which is to ensure that the person is fully identified and verified,” Hope wrote. The banking industry is pushing for real estate agents and lawyers who have the relationships with property buyers should meet the obligation to verify their identity.
Media Appearances

NZ Herald - Racial bias in mortgage lending exposed

- New Zealand Bankers’ Association chief executive Kirk Hope said racial stereotyping was not in the banks’ or their customers interests especially within such a competitive part of the banking sector.
Media Appearances - Budget 2015: Business leaders react

- Bankers Association boss Kirk Hope said removing the kickstart was understandable from a cost perspective, but he called on the Government to commit to beefing up rules around enrolment.
Media Appearances

NZ Herald - Loan restrictions will do little to cool housing market, says bank boss

- New Zealand Bankers’ Association chief executive Kirk Hope said the new regulations would make borrowing more difficult for Auckland property investors. But they would have limited impact on prices. “The real issues driving housing affordability in Auckland are the lack of housing supply, and strong inward migration, not the availability of cheap credit.”
Media Appearances - Govt promotes success of new anti-money laundering laws on world stage, while those at the coalface fork out to meet standards

- Banks consider how vulnerable money remitters are based on whether they are registered, accept cash deposits frequently or deposits with a high value, process transfers to or from high risk jurisdictions, aggregate bulk payments and thus remove the transparency on their clients, have little or no upper limits on the value or frequency of transactions,... Read more »