The Bankers’ Association chief executive Kirk Hope said New Zealand banks have no choice but to comply with the US law, but take confidentiality of client’s information very seriously.
Month: April 2014
More foreign tax snooping expected
New Zealand Bankers’ Association chief executive Kirk Hope said it was impossible for New Zealand companies to comply with Fatca without the agreement, because under current law they aren’t allowed to provide information to overseas tax departments.
ASB to chair New Zealand Bankers’ Association
ASB Bank chief executive Barbara Chapman has been elected chair of the New Zealand Bankers’ Association for 2014/15 and takes on the role today. BNZ chief executive Andrew Thorburn was elected deputy chair. “The association plays an important role representing the banking industry on a range of issues with a range of stakeholders,” said Barbara… Read more »
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