A spokesperson from the NZ Banking Association says the Reserve Bank is taking the lead on behalf of the Council of Financial Regulators to act on recommendations for the banking industry to co-operate to make basic bank accounts widely available. “NZBA and our member banks are working with RBNZ and the Commerce Commission to progress… Read more »
Author: Philip vanDyk
How a woman’s quest for love cost her more than $500,000
“We’re also asking the Government to help remove any regulatory barriers to the Anti-Scam Centre working effectively, and to set scam prevention expectations for other industries.”
Policy Proposal: Product hierarchy for the Depositor Compensation Scheme
Reserve Bank of New Zealand – Te Pūtea Matua
Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill
Justice Select Committee
New Zealand probes banks’ climate commitments for anti-cartel behaviour
Roger Beaumont, chief executive of New Zealand’s Banking Association, noted the issue of the lenders’ net-zero targets was also being investigated by the parliamentary inquiry into banking competition.
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Office of the Privacy Commissioner – Te Mana Mātāpono Matatapu
How much cash can you withdraw from your bank?
Under the law all banks in New Zealand are required to do more to verify a customer’s identity and, in some cases, account activity.
Discussion Document: Adjustments to the climate-related disclosures regime
Ministry of Business, Innovation and Employment
NZ First introduces bill to fine ‘woke banks’ $500,000
If a bank can lend within its credit risk policy and regulatory obligations, it likely will. That is the business of banking.
Discussion Document: Promoting competition in New Zealand – a targeted review of the Commerce Act 1986
Ministry of Business, Innovation and Employment
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