“New Zealand banks operate in a different market and regulatory framework compared to their Australian counterparts. Any changes in New Zealand are more likely to be driven by customer demand.”
Author: Philip vanDyk
NZ banking sector earnings show big gain
“The net interest rate margin remains relatively flat and banks are really generating their profits off a reduction in expenses and also provisioning that is at historically low levels.”
Big banks escape penalties for breaching conditions of registration
“There are a range of mechanisms, both formal and informal, by which they ensure banks are behaving in way they should be.”
Consultation paper: Revised policy proposals for the review of the outsourcing policy for registered banks
Reserve Bank of New Zealand
Consultation paper: Adjustments to restrictions on high-LVR residential mortgage lending
Reserve Bank of New Zealand
Discussion Document: Making Tax Simpler – Investment Income Information
Inland Revenue Department
Review of the Default Option for Publication of Submissions
Reserve Bank of New Zealand
Taxation (Annual Rates for 2016-17, Closely Held Companies, and Remedial Matters) Bill
Finance and Expenditure Select Committee
NZBA welcomes FMA’s proposed guide on conduct
The New Zealand Bankers’ Association (NZBA) today welcomed the Financial Markets Authority’s (FMA) release of ‘A guide to the FMA’s view of conduct’. “Good conduct and trust form a vital part of banks’ relationships with their customers. New Zealand banks work hard to ensure their customers’ interests are considered first when providing financial advice, so… Read more »
Targeted Review of the Commerce Act 1986 – Cross Submission
Ministry of Business, Innovation and Employment
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