Kris Faafoi

20th Dec 19, 1:39pm
Commerce and Consumer Affairs Minister Kris Faafoi gives slow-moving banks a timeline to set up systems to better enable data sharing aimed at creating more competition
Commerce and Consumer Affairs Minister Kris Faafoi gives slow-moving banks a timeline to set up systems to better enable data sharing aimed at creating more competition
20th Dec 19, 1:39pm
5th Dec 19, 8:42am
Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
5th Dec 19, 8:42am
4th Dec 19, 10:14am
by admin
Commerce and Consumer Affairs Minister Kris Faafoi says new rules will include what policyholders must disclose to insurers, making changes to allow people to more easily understand their policy, and addressing unfair contract terms
Commerce and Consumer Affairs Minister Kris Faafoi says new rules will include what policyholders must disclose to insurers, making changes to allow people to more easily understand their policy, and addressing unfair contract terms
4th Dec 19, 10:14am
26th Nov 19, 8:00am
Gareth Vaughan details the curious situation of companies kicked off NZ's Financial Service Providers' Register effectively because they're deemed to be bringing NZ's reputation into disrepute overseas, being allowed to remain as registered NZ companies
Gareth Vaughan details the curious situation of companies kicked off NZ's Financial Service Providers' Register effectively because they're deemed to be bringing NZ's reputation into disrepute overseas, being allowed to remain as registered NZ companies
26th Nov 19, 8:00am
[Updated]
17th Nov 19, 1:00pm
Government to introduce law to limit rent hikes, enable tenants to add minor fittings to a property and limit landlords' abilities to end tenancies
[Updated]
Government to introduce law to limit rent hikes, enable tenants to add minor fittings to a property and limit landlords' abilities to end tenancies
17th Nov 19, 1:00pm
12th Nov 19, 9:31am
Select committee recommends clauses be added to the Credit Contracts Legislation Amendment Bill prohibiting lenders peddling 'high-cost' consumer debt from charging compound interest
Select committee recommends clauses be added to the Credit Contracts Legislation Amendment Bill prohibiting lenders peddling 'high-cost' consumer debt from charging compound interest
12th Nov 19, 9:31am
1st Nov 19, 6:00am
Ministry of Business, Innovation & Employment to seek Cabinet approval soon for policy proposals that aim to improve the transparency of New Zealand company & limited partnership ownership
Ministry of Business, Innovation & Employment to seek Cabinet approval soon for policy proposals that aim to improve the transparency of New Zealand company & limited partnership ownership
1st Nov 19, 6:00am
[Updated]
30th Oct 19, 12:15pm
Financial Markets Authority spends nearly $3 million on external litigation costs in 2019 - $1 million more than budgeted; CEO says tripling of funding for 2020 signals it's resourced to take action
[Updated]
Financial Markets Authority spends nearly $3 million on external litigation costs in 2019 - $1 million more than budgeted; CEO says tripling of funding for 2020 signals it's resourced to take action
30th Oct 19, 12:15pm
29th Oct 19, 11:55am
Financial Markets Authority’s annual litigation budget being increased by $4 million to $6 million to boost its ability to strengthen enforcement capability
Financial Markets Authority’s annual litigation budget being increased by $4 million to $6 million to boost its ability to strengthen enforcement capability
29th Oct 19, 11:55am
28th Oct 19, 9:08am
Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government
Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government
28th Oct 19, 9:08am
21st Oct 19, 9:48am
Gareth Vaughan casts an eye over UBS research tomes on Afterpay and the buy now, pay later sector to get a feel for its success and the threats it faces
Gareth Vaughan casts an eye over UBS research tomes on Afterpay and the buy now, pay later sector to get a feel for its success and the threats it faces
21st Oct 19, 9:48am
[Updated]
15th Oct 19, 5:00am
Interim Retirement Commissioner on benefits of loosening KiwiSaver rules around first home withdrawals: 'If we can get more people on the property ladder earlier, there may be less liability to taxpayers later'; Minister Faafoi hesitant
[Updated]
Interim Retirement Commissioner on benefits of loosening KiwiSaver rules around first home withdrawals: 'If we can get more people on the property ladder earlier, there may be less liability to taxpayers later'; Minister Faafoi hesitant
15th Oct 19, 5:00am
30th Sep 19, 8:41am
Commerce and Consumer Affairs Minister Kris Faafoi says he doesn't want to call a financial services royal commission but improvements to conduct and culture are needed
Commerce and Consumer Affairs Minister Kris Faafoi says he doesn't want to call a financial services royal commission but improvements to conduct and culture are needed
30th Sep 19, 8:41am
[Updated]
25th Sep 19, 12:30pm
Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
[Updated]
Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
25th Sep 19, 12:30pm
[Updated]
17th Sep 19, 10:11am
Commerce & Consumer Affairs Minister Kris Faafoi pledges measures to improve financial services sector conduct shortly as regulators bemoan poor life insurer conduct and culture
[Updated]
Commerce & Consumer Affairs Minister Kris Faafoi pledges measures to improve financial services sector conduct shortly as regulators bemoan poor life insurer conduct and culture
17th Sep 19, 10:11am
[Updated]
13th Sep 19, 10:58am
Financial Markets Authority considering prosecuting life insurers over sales tactics; says 'there will be more remediation, more repayments to consumers'; Commerce and Consumer Affairs Minister warns NZ isn't immune from a royal commission
[Updated]
Financial Markets Authority considering prosecuting life insurers over sales tactics; says 'there will be more remediation, more repayments to consumers'; Commerce and Consumer Affairs Minister warns NZ isn't immune from a royal commission
13th Sep 19, 10:58am
[Updated]
9th Sep 19, 4:50pm
Capital markets review recommends changes to KiwiSaver to help lift the level of kiwis' engagement with & interest in investment so more New Zealanders actively participate to create personal wealth
[Updated]
Capital markets review recommends changes to KiwiSaver to help lift the level of kiwis' engagement with & interest in investment so more New Zealanders actively participate to create personal wealth
9th Sep 19, 4:50pm
7th Sep 19, 8:51am
As ASIC proposes a major crackdown on the peddling of high risk derivative products to retail investors, Gareth Vaughan looks at where the FMA & NZ Government sit on products compared with gambling
As ASIC proposes a major crackdown on the peddling of high risk derivative products to retail investors, Gareth Vaughan looks at where the FMA & NZ Government sit on products compared with gambling
7th Sep 19, 8:51am
5th Sep 19, 2:29pm
Officials still working on the final details of a consumer credit interest rate cap announced as part of the Government's CCCFA changes
Officials still working on the final details of a consumer credit interest rate cap announced as part of the Government's CCCFA changes
5th Sep 19, 2:29pm
[Updated]
3rd Sep 19, 11:40am
Government includes daily interest rate cap on loans as part of a bid to crack down on loan sharks and predatory lending
[Updated]
Government includes daily interest rate cap on loans as part of a bid to crack down on loan sharks and predatory lending
3rd Sep 19, 11:40am

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