Media Appearances
Media / Media Appearances
Media Appearances
Media Appearances
Stuff.co.nz - Banks freeze accounts when tax residence questions unanswered
- “If you don’t respond, or if your response is incomplete, your bank is required to freeze or close accounts opened from 1 July 2017 to comply with the law. Banks have started freezing or closing affected accounts this week.”
Media Appearances
Newsroom - Bank staff stressed by conflicted sales targets
- Sedgwick recommended that any bonuses be based on a range of measures, including factors like customer satisfaction. Some of our banks have already completed this work.
Media Appearances
Stuff.co.nz - Time for a ban on bank sales targets in NZ, says union
- New Zealand Bankers’ Association deputy chief executive Antony Buick-Constable said the organisation’s latest Code of Banking Practice made a clear commitment to treat customers fairly and reasonably in a consistent and ethical way.
Media Appearances
NZ Herald - There is ‘strong interest’ in a Wellington home, despite buyers not being allowed inside
- New Zealand Bankers’ Association deputy chief executive Antony Buick-Constable said mortgagee sales were always “the last resort for banks”.
Media Appearances
NZ Herald - Agencies hitting back against scammers are fighting a never-ending war
- “Your bank will reimburse any losses for unauthorised electronic banking or card fraud if you took reasonable steps to protect your banking, and complied with your terms and conditions.”
Media Appearances
NZ Herald - Reserve Bank plans to crack down on bank boards
- The New Zealand regulators have annual work programmes to improve the governance and operations of our banking environment. Banks here work regularly with them on these initiatives.
Media Appearances
NZ Herald - NZ banks warn customers could have accounts frozen over foreign tax status
- Banks need to ask certain customers to provide information about their tax status. If you’ve been contacted, it’s important that you respond to your bank, regardless of your tax status.
Media Appearances
Interest.co.nz - Federated Farmers’ member survey shows farmer satisfaction with banks holding at about 80% positive
- “Banks work closely with their agri clients, through good times and bad. Keeping the lines of communication open is critical to the ongoing success of farmers and their banks.”
Media Appearances