The New Zealand Bankers’ Association (NZBA) has launched a new edition of the Code of Banking Practice aimed at giving all customers a good banking experience. It sets out clearly what you can expect from your bank, and comes into effect on 1 June 2018. New Zealand Bankers’ Association deputy chief executive Antony Buick-Constable says,… Read more »
Month: May 2018
Discussion paper: Disclosure requirements in the new financial advice regime
Ministry of Business, Innovation and Employment
Financial Services Legislation Amendment Bill – Supplemental Submission
Economic Development, Science and Innovation Committee
How to protect yourself from online fraud
New Zealand Bankers’ Association deputy chief executive Antony Buick-Constable said it was strongly recommended that people check out online sales websites before making purchases.
Discussion paper: Regulations to support measures to address the misuse of the Financial Service Providers Register
Ministry of Business, Innovation and Employment
Chairman of Finance and Expenditure Select Committee says summoning bank CEOs to appear before MPs is an ‘open and live option’
Buick-Constable says it’s important the regulators have a chance to assess the information from banks. “They can then set out the next steps.”
Consultation paper: Including an annual declaration of compliance in regulatory returns and updating the standard regulatory returns condition
Financial Markets Authority
How banks’ whistleblower scheme should work
“One of the most effective ways of tackling misconduct is ensuring their are clear processes and safeguards for employees to raise issues safely,” NZBA chief executive Karen Scott-Howman said.
Bank profits race ahead of rest of NZ’s earnings
New Zealand Bankers’ Association chief executive Karen Scott-Howman said the industry’s return on equity was about 14 per cent. That is roughly the same as The Warehouse Group and well behind Fisher and Paykel Healthcare’s 26 per cent.
Trusts Bill – Supplemental Submission
Justice Committee
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