- Last night the Bankers’ Association responded to calls from the Reserve Bank and the Financial Markets Authority (FMA) to provide them with evidence of how New Zealand’s banking culture and conduct is different from what has been revealed by the Australian Royal Commission into financial services industry misconduct. In a letter to the regulators, the... Read more »
- The New Zealand Bankers’ Association today welcomed American Express as its latest affiliate member. “We are delighted to have American Express join us as an affiliate member,” says New Zealand Bankers’ Association Chief Executive Karen Scott-Howman. “Affiliate members work closely with the banking sector. This affirms the commitment American Express, as a global financial services... Read more »
- As we head into the summer holidays, the New Zealand Bankers’ Association is reminding people to watch out for financial crime. “Fraudsters love this time of year. They know we’re busy getting ready for the holidays and might let our guard down. This presents an opportunity for them to try to steal our money,” says... Read more »
- The New Zealand Bankers’ Association today congratulated Adrian Orr on his appointment as the next Governor of the Reserve Bank of New Zealand. “New Zealand is lucky that we have someone of the calibre of Mr Orr available and willing to do this job. He is extremely capable and at the same time grounded in... Read more »
- The New Zealand Bankers’ Association is encouraging people to get two-factor authentication in support of Cyber Smart Week. “We all know it’s important to protect your PINs and passwords when it comes to banking. There’s also another way to fight financial crime and keep your money safe,” say New Zealand Bankers’ Association chief executive Karen... Read more »
- As part of International Fraud Awareness Week, the New Zealand Bankers’ Association has launched a guide on how people can help keep themselves safe from online scams. “We’ve designed the pamphlet to help raise awareness about the risk of online scams, and how to keep yourself safe,” says New Zealand Bankers’ Association chief executive Karen... Read more »
- The New Zealand Bankers’ Association announced today that the China Construction Bank (New Zealand) Ltd has joined the association, bringing the total number of member banks to 17. New Zealand Bankers’ Association chief executive Karen Scott-Howman says: “We are delighted to welcome CCBNZ to the Bankers’ Association. China is one of New Zealand’s most important... Read more »
- Debt can finance personal, household and business needs and aspirations. That’s the New Zealand Bankers’ Association’s response to Money Week’s big question: what does debt do for you? “We often need to borrow money to buy our own home or get a business off the ground. That’s the kind of debt our banks are here to... Read more »
- The Banking Ombudsman Scheme has been providing a free and independent disputes resolution service for 25 years. That’s an important milestone for banks customers, and something worth celebrating, says the New Zealand Bankers’ Association. “The Banking Ombudsman has made an incredibly valuable contribution to banking in New Zealand since 1992,” says New Zealand Bankers’ Association... Read more »
- New tax law that comes into force on 1 July will require banks to provide Inland Revenue with tax information for certain customers. The new law, aimed at reducing global tax evasion, means that banks and other financial institutions will need to identify accounts held by foreign tax residents. They will then have to report... Read more »
