Kris Faafoi
Law News reviews the growing body of work building to update our insurance law. It has started with the Culture & Conduct review, will cover disclosure issues, and may tackle conflicted remuneration
12th Jul 19, 11:00am
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Law News reviews the growing body of work building to update our insurance law. It has started with the Culture & Conduct review, will cover disclosure issues, and may tackle conflicted remuneration
With Urban Development Minister Phil Twyford set to continue leading key housing-related law changes, Jenée Tibshraeny argues he shouldn't be written off as an architect of the Government’s broader housing policy
29th Jun 19, 10:28am
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With Urban Development Minister Phil Twyford set to continue leading key housing-related law changes, Jenée Tibshraeny argues he shouldn't be written off as an architect of the Government’s broader housing policy
Cabinet reshuffle sees team of three ministers, headed by Megan Woods, made responsible for housing and Kris Faafoi promoted to Cabinet
27th Jun 19, 4:04pm
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Cabinet reshuffle sees team of three ministers, headed by Megan Woods, made responsible for housing and Kris Faafoi promoted to Cabinet
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
25th Jun 19, 5:00am
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
Buy now, pay later service provider Afterpay airs concerns about the 'broad and uncertain regulatory call in' power currently proposed by the Credit Contracts Legislation Amendment Bill
22nd Jun 19, 9:01am
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Buy now, pay later service provider Afterpay airs concerns about the 'broad and uncertain regulatory call in' power currently proposed by the Credit Contracts Legislation Amendment Bill
Services enabled by open banking that are proving popular in the UK include aggregation services, personal financial management tools, credit checking, lending to small businesses and mortgages
13th Jun 19, 1:17pm
Services enabled by open banking that are proving popular in the UK include aggregation services, personal financial management tools, credit checking, lending to small businesses and mortgages
First it was the retail fuel market, now the outgoing Commerce Commission Chairman is suggesting the competition watchdog's next probe should be into the construction sector
26th May 19, 12:14am
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First it was the retail fuel market, now the outgoing Commerce Commission Chairman is suggesting the competition watchdog's next probe should be into the construction sector
Commerce and Consumer Affairs Minister Kris Faafoi says he's 'genuinely focused on giving industry-led open banking a real chance to succeed'
25th May 19, 9:46am
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Commerce and Consumer Affairs Minister Kris Faafoi says he's 'genuinely focused on giving industry-led open banking a real chance to succeed'
Payments NZ establishes hub to connect banks with third parties keen on open banking; Banks retain right to set terms on which they share the data
23rd May 19, 3:30pm
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Payments NZ establishes hub to connect banks with third parties keen on open banking; Banks retain right to set terms on which they share the data
Laybuy co-founder Gary Rohloff says buy now pay later providers shouldn't be scared of future government regulation and oversight
10th May 19, 9:24am
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Laybuy co-founder Gary Rohloff says buy now pay later providers shouldn't be scared of future government regulation and oversight
ANZ NZ CEO David Hisco suggests he won't be personally rushing to embrace open banking as Minister Kris Faafoi awaits 'concrete plans' from banks on how they will provide access to third-parties
9th May 19, 10:43am
ANZ NZ CEO David Hisco suggests he won't be personally rushing to embrace open banking as Minister Kris Faafoi awaits 'concrete plans' from banks on how they will provide access to third-parties
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
6th May 19, 4:44pm
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A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
1st May 19, 3:04pm
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David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
27th Apr 19, 10:30am
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Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
Security Placements Holding, a media shy unlicensed New Zealand registered provider of online derivatives services, set to be caught by changes to the Financial Service Providers' Register
25th Apr 19, 9:31am
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Security Placements Holding, a media shy unlicensed New Zealand registered provider of online derivatives services, set to be caught by changes to the Financial Service Providers' Register
Chapman Tripp says government legislation designed to crack down on predatory lending could drive some borrowers to high cost loans
15th Apr 19, 11:29am
Chapman Tripp says government legislation designed to crack down on predatory lending could drive some borrowers to high cost loans
S&P closely watching how open banking could impact the competitive dynamics for banks and potentially their credit ratings
12th Apr 19, 9:53am
S&P closely watching how open banking could impact the competitive dynamics for banks and potentially their credit ratings
FinCap says government should be taking a tougher stance against loan sharks
Anna Rawlings, a commissioner at the Commerce Commission since 2014, to succeed departing chairman Mark Berry
2nd Apr 19, 11:01am
Anna Rawlings, a commissioner at the Commerce Commission since 2014, to succeed departing chairman Mark Berry
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
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FXBTG Financial chases its dream 'indomitably' from NZ's Financial Service Providers' Register as at least 3 overseas regulators issue warnings
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
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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
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
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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
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
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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
Payments NZ releases standards detailing how banks and fintechs that engage in open banking have to protect consumers' data
4th Mar 19, 12:14pm
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Payments NZ releases standards detailing how banks and fintechs that engage in open banking have to protect consumers' data
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
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Ministry of Business, Innovation & Employment says final policy decisions on improved beneficial ownership information on NZ companies coming this year