Ministry of Justice
Month: January 2017
Exposure Draft: Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill
Ministry of Justice
Exposure Draft of the Trusts Bill
Ministry of Justice
Telephone survey scam warning
The New Zealand Bankers’ Association today warned people to beware a telephone survey scam. Cautious members of the public have reported receiving unsolicited calls from an organisation called the “Bankers’ Association of New Zealand” claiming to be doing a customer satisfaction survey and seeking personal information. “We strongly encourage people not to engage with these… Read more »
Builders call for banks to rethink rules that prevent first home buyers from getting mortgages to build prefab houses
The issue is banks require home loans to be secured against an asset. From a responsible lending and risk perspective, banks will not lend without security, or lend an amount greater than the value of the security.
Customers drive banking innovation
Where bankers may once have shunned technology, the opposite is true today. This century we’ve seen a massive leap in access to personal digital technology. That’s clearly reflected in how we’re now banking. These technological advances mean we’re managing our money in ways that many did not foresee. What’s behind these changes, and what does… Read more »
New Zealand Bankers’ Association welcomes Industrial and Commercial Bank of China
The New Zealand Bankers’ Association announced today that the Industrial and Commercial Bank of China (New Zealand) Ltd has joined the association, bringing the total number of member banks to 16. New Zealand Bankers’ Association chief executive Karen Scott-Howman says: “We are delighted to welcome ICBC to the Bankers’ Association. China is one of New… Read more »
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