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Kris Faafoi

13th Mar 19, 7:22am
FXBTG Financial chases its dream 'indomitably' from NZ's Financial Service Providers' Register as at least 3 overseas regulators issue warnings
FXBTG Financial chases its dream 'indomitably' from NZ's Financial Service Providers' Register as at least 3 overseas regulators issue warnings
13th Mar 19, 7:22am
[Updated]
12th Mar 19, 2:59pm
Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible 
[Updated]
Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible 
12th Mar 19, 2:59pm
12th Mar 19, 10:32am
Commerce and Consumer Affairs Minister Kris Faafoi sticks to position that cap on total interest and fees will be most effective way to combat 'unscrupulous' lenders
Commerce and Consumer Affairs Minister Kris Faafoi sticks to position that cap on total interest and fees will be most effective way to combat 'unscrupulous' lenders
12th Mar 19, 10:32am
5th Mar 19, 5:00am
A resurrection; How Etana Custody Ltd, a company whose CEO & major shareholder has never been to New Zealand, got kicked off NZ's financial service providers' register and then got itself back on
A resurrection; How Etana Custody Ltd, a company whose CEO & major shareholder has never been to New Zealand, got kicked off NZ's financial service providers' register and then got itself back on
5th Mar 19, 5:00am
4th Mar 19, 12:14pm
Payments NZ releases standards detailing how banks and fintechs that engage in open banking have to protect consumers' data
Payments NZ releases standards detailing how banks and fintechs that engage in open banking have to protect consumers' data
4th Mar 19, 12:14pm
15th Feb 19, 7:45am
Ministry of Business, Innovation & Employment says final policy decisions on improved beneficial ownership information on NZ companies coming this year
Ministry of Business, Innovation & Employment says final policy decisions on improved beneficial ownership information on NZ companies coming this year
15th Feb 19, 7:45am
13th Feb 19, 3:14pm
Salvation Army’s State of the Nation report lumps debt and fringe lending in with alcohol consumption, drug taking and gambling in the social hazards section
Salvation Army’s State of the Nation report lumps debt and fringe lending in with alcohol consumption, drug taking and gambling in the social hazards section
13th Feb 19, 3:14pm
6th Feb 19, 8:59am
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
6th Feb 19, 8:59am
5th Feb 19, 8:04am
Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
5th Feb 19, 8:04am
1st Feb 19, 12:16pm
The emergence and growth of 'buy now, pay later' services has caught the eye of competitors and regulators. Stephen Forbes takes a look at the fast growing sector
The emergence and growth of 'buy now, pay later' services has caught the eye of competitors and regulators. Stephen Forbes takes a look at the fast growing sector
1st Feb 19, 12:16pm
30th Jan 19, 2:41pm
Proposed Government crack-down on insurance sales incentives re-sparks discussion over how to provide free or affordable financial advice that isn't compromised 
Proposed Government crack-down on insurance sales incentives re-sparks discussion over how to provide free or affordable financial advice that isn't compromised 
30th Jan 19, 2:41pm
30th Jan 19, 5:00am
Minister of Commerce and Consumer Affairs Kris Faafoi establishing new regulatory powers targeting new credit products
Minister of Commerce and Consumer Affairs Kris Faafoi establishing new regulatory powers targeting new credit products
30th Jan 19, 5:00am
[Updated]
29th Jan 19, 3:11pm
Robertson and Faafoi commit to plugging legal gap that sees bank and insurance conduct go unregulated
[Updated]
Robertson and Faafoi commit to plugging legal gap that sees bank and insurance conduct go unregulated
29th Jan 19, 3:11pm
17th Dec 18, 5:00am
Credit card users should take advantage of low-interest cards, balance-transfer deals & interest-free periods, Commerce & Consumer Affairs Minister Kris Faafoi says
Credit card users should take advantage of low-interest cards, balance-transfer deals & interest-free periods, Commerce & Consumer Affairs Minister Kris Faafoi says
17th Dec 18, 5:00am
15th Dec 18, 9:31am
Commerce and Consumer Affairs Minister Kris Faafoi says reciprocity key to preventing open banking from seeing the big four tech companies gazump banks
Commerce and Consumer Affairs Minister Kris Faafoi says reciprocity key to preventing open banking from seeing the big four tech companies gazump banks
15th Dec 18, 9:31am
10th Dec 18, 1:25pm
Small businesses lacking bargaining power front of mind for Government as it consults on strengthening protections against unfair commercial practices
Small businesses lacking bargaining power front of mind for Government as it consults on strengthening protections against unfair commercial practices
10th Dec 18, 1:25pm
[Updated]
3rd Dec 18, 4:00pm
The Commerce Commission will have a year to do a market study on the retail fuel market; more industry probes to follow
[Updated]
The Commerce Commission will have a year to do a market study on the retail fuel market; more industry probes to follow
3rd Dec 18, 4:00pm
28th Nov 18, 4:55pm
RBNZ flags astronomical life insurance commissions as it indicates its conduct and culture review on the industry will be more scathing than the one it did on banks; However the sharpness of regulators' teeth remain in question
RBNZ flags astronomical life insurance commissions as it indicates its conduct and culture review on the industry will be more scathing than the one it did on banks; However the sharpness of regulators' teeth remain in question
28th Nov 18, 4:55pm
22nd Nov 18, 10:56am
The Reserve Bank admits it might need to change the way it oversees banks' books, as banks are poised to start servicing their customers more through third parties
The Reserve Bank admits it might need to change the way it oversees banks' books, as banks are poised to start servicing their customers more through third parties
22nd Nov 18, 10:56am
19th Nov 18, 9:53am
Challenge of achieving good customer outcomes through vertically integrated banks 'harmed significantly' by staff incentives 'to put away product', FMA says
Challenge of achieving good customer outcomes through vertically integrated banks 'harmed significantly' by staff incentives 'to put away product', FMA says
19th Nov 18, 9:53am
7th Nov 18, 3:24pm
Government's suggestion of establishing a legal duty for banks to consider customers' long-term outcomes would be a shift to a fiduciary duty of care from buyer beware
Government's suggestion of establishing a legal duty for banks to consider customers' long-term outcomes would be a shift to a fiduciary duty of care from buyer beware
7th Nov 18, 3:24pm
6th Nov 18, 11:58am
Jenée Tibshraeny questions whether the 'power to make changes' rests with the banks, as the RBNZ and FMA say, or the lawmakers
Jenée Tibshraeny questions whether the 'power to make changes' rests with the banks, as the RBNZ and FMA say, or the lawmakers
6th Nov 18, 11:58am
[Updated]
5th Nov 18, 2:00pm
FMA & RBNZ report highlights several ways government could address regulatory gaps to incentivise banks to develop & maintain appropriate management of conduct risk
[Updated]
FMA & RBNZ report highlights several ways government could address regulatory gaps to incentivise banks to develop & maintain appropriate management of conduct risk
5th Nov 18, 2:00pm
11th Oct 18, 6:43pm
Greens lobby Commerce Minister to get competition watchdog to probe supermarkets after petrol companies under soon-to-be-bolstered powers
Greens lobby Commerce Minister to get competition watchdog to probe supermarkets after petrol companies under soon-to-be-bolstered powers
11th Oct 18, 6:43pm
[Updated]
10th Oct 18, 10:10am
Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
[Updated]
Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
10th Oct 18, 10:10am

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