The New Zealand Bankers’ Association has welcomed the government’s release today of a draft bill targeted at loan sharks and fringe lenders. The draft bill, which will amend the Credit Contracts and Consumer Finance Act 2003, proposes introducing a duty for all lenders to practice responsible lending. The Ministry of Consumer Affairs has acknowledged banks… Read more »
Author: Philip vanDyk
More accurate credit picture welcomed
The New Zealand Bankers’ Association has welcomed changes to credit reporting in New Zealand that take effect from 1 April 2012. The most fundamental change is that information held by credit reporting agencies will include up to 24 months of an individual’s repayment history. This includes both payments and defaults. Until now only defaults, or… Read more »
How to beat the scammers
As police continue to investigate the fraudulent skimming of several Auckland ATMs, the New Zealand Bankers’ Association has released a list of simple tips to help foil bank card scammers.
Consumer Law Reform Bill
Commerce Committee
Foiling card fraud
There are some simple things we can all do to fight bank card fraud says the New Zealand Bankers’ Association. “Most of us use cards on a daily basis because they provide a convenient and safe way to pay others and perform a range of electronic banking transactions,” said New Zealand Bankers’ Association chief executive… Read more »
Get scam wise – New Zealand Bankers’ Association
The New Zealand Bankers’ Association has issued a seven point list to combat online banking fraud as Fraud Awareness Week 2012 kicks off. “Public vigilance is crucial in the fight against financial cyber crime. Customers have an important role to play to protect themselves and their money,” said New Zealand Bankers’ Association acting chief executive… Read more »
Consultation Paper: Request for Feedback – Guidance Note: Effective Disclosure
Financial Markets Authority
New Zealand Bankers’ Association appoints new CE
New Zealand Bankers’ Association (NZBA) is pleased to announce that Kirk Hope will step into the role of chief executive of the NZBA at the end of March, taking over from acting chief executive Martin Philipsen. A Wellington-based banking professional with over a decade of experience in the New Zealand financial services sector, Kirk Hope… Read more »
Taxation (Annual Rates, Returns Filing, and Remedial Matters) Bill
Finance and Expenditure Committee
New Zealand Bankers’ Association welcomes Co-operative Bank
The Co-operative Bank has joined the New Zealand Bankers’ Association bringing the total number of member banks to 13. New Zealand Bankers’ Association acting chief executive Martin Philipsen welcomed the new member bank. “We are pleased to have New Zealand’s newest registered bank join us. Having The Co-operative Bank on board strengthens our role as… Read more »
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