The third reading of the Reserve Bank of New Zealand (Covered Bonds) Amendment Bill today has been welcomed by the New Zealand Bankers’ Association. The Bill establishes a legislative framework for issuing covered bonds and enhances the Reserve Bank’s supervision of covered bond programmes. “The new law brings us into line with other jurisdictions. This… Read more »
Month: November 2013
KiwiSaver fund finder welcomed
The New Zealand Bankers’ Association has welcomed an independent tool to help people find a KiwiSaver fund that suits them best. KiwiSaver fund finder was launched today by the Commission for Financial Literacy and Retirement Income and is available on the Commission’s Sorted website. The interactive online tool, which has also been designed for mobile… Read more »
Money mule scam warning
People should be wary of transferring money on behalf of people they don’t know. The warning was issued today by the New Zealand Bankers’ Association in response to a new banking scam. In the latest scam people are contacted by strangers, by email, telephone or through social media sites, claiming they have accidently paid funds… Read more »
Credit Contracts and Financial Services Law Reform Bill
Commerce Committee
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