Kris Faafoi
MPs pledge to haul bank bosses in front of a select committee led to questions from a blindsided RBNZ Governor Adrian Orr to Finance Minister Grant Robertson
1st Aug 18, 5:00am
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MPs pledge to haul bank bosses in front of a select committee led to questions from a blindsided RBNZ Governor Adrian Orr to Finance Minister Grant Robertson
Henry Lynch on the foreign buyer data debacle, how chatbots are channelling customers, the Australian banking sector, the FIFA’s World Cup strange connection to toilets, and the meaning of life
6th Jul 18, 10:00am
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Henry Lynch on the foreign buyer data debacle, how chatbots are channelling customers, the Australian banking sector, the FIFA’s World Cup strange connection to toilets, and the meaning of life
As NZ regulators investigate banks' conduct & culture they should take a leaf out of ASIC's book and probe the credit card market too, Gareth Vaughan argues
5th Jul 18, 1:54pm
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As NZ regulators investigate banks' conduct & culture they should take a leaf out of ASIC's book and probe the credit card market too, Gareth Vaughan argues
NZ warned open banking in the UK isn't all it's cracked up to be, with the tech giants rather the garage start-ups best placed to capitalise on having access to banks' data
4th Jul 18, 3:00pm
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NZ warned open banking in the UK isn't all it's cracked up to be, with the tech giants rather the garage start-ups best placed to capitalise on having access to banks' data
Lawyer welcomes insurance contracts law review, citing policies that give insurers discretion to over-ride a medical opinion to avoid paying a claim
4th Jul 18, 1:29pm
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Lawyer welcomes insurance contracts law review, citing policies that give insurers discretion to over-ride a medical opinion to avoid paying a claim
Anti-money laundering expert Ron Pol labels government's reasons for excluding trusts from its beneficial ownership regime 'remarkable for having been expressed out loud'
30th Jun 18, 9:11am
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Anti-money laundering expert Ron Pol labels government's reasons for excluding trusts from its beneficial ownership regime 'remarkable for having been expressed out loud'
Gareth Vaughan argues the flawed Financial Service Providers' Register is a factor in consumer lending problems & it should be dumped with consumer lenders licensed
29th Jun 18, 5:00am
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Gareth Vaughan argues the flawed Financial Service Providers' Register is a factor in consumer lending problems & it should be dumped with consumer lenders licensed
Ministry of Business, Innovation & Employment discussion paper details how caps on consumer lender's interest rates and fees might work
28th Jun 18, 10:21am
Ministry of Business, Innovation & Employment discussion paper details how caps on consumer lender's interest rates and fees might work
Commerce & Consumer Affairs Minister Kris Faafoi leaving door open for interchange fees to be regulated, wants to see tangible examples of open banking working within a year
27th Jun 18, 12:00pm
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Commerce & Consumer Affairs Minister Kris Faafoi leaving door open for interchange fees to be regulated, wants to see tangible examples of open banking working within a year
Government to strengthen consumer credit laws as it aims to stop people getting caught in 'appalling debt spirals' that are very difficult to escape
27th Jun 18, 10:00am
1
Government to strengthen consumer credit laws as it aims to stop people getting caught in 'appalling debt spirals' that are very difficult to escape
Government pushes for beneficial ownership register for NZ companies & limited partnerships to stop 'erosion' of New Zealand as a good place for honest business
25th Jun 18, 4:55pm
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Government pushes for beneficial ownership register for NZ companies & limited partnerships to stop 'erosion' of New Zealand as a good place for honest business
New Zealand limited partnerships, in combination with Nevis limited liability companies, being peddled as 'one of the best and unique products' in the murky world of offshore finance
20th Jun 18, 5:06pm
New Zealand limited partnerships, in combination with Nevis limited liability companies, being peddled as 'one of the best and unique products' in the murky world of offshore finance
Gareth Vaughan goes in search of a snowball on Great South Road as he continues to probe companies registered on NZ's Financial Service Providers' Register
14th Jun 18, 4:39pm
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Gareth Vaughan goes in search of a snowball on Great South Road as he continues to probe companies registered on NZ's Financial Service Providers' Register
Government review of Credit Contracts and Consumer Finance Act includes a look at credit card interest rates
12th Jun 18, 12:07pm
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Government review of Credit Contracts and Consumer Finance Act includes a look at credit card interest rates
Rebecca Sellers urges New Zealand consumers & businesses to have their say in the Government's long awaited review of insurance contract law
5th Jun 18, 11:41am
Rebecca Sellers urges New Zealand consumers & businesses to have their say in the Government's long awaited review of insurance contract law
Ministers Robertson & Faafoi say they will meet with the RBNZ & FMA regularly as their work programme on financial services sector conduct and operations develops
30th May 18, 7:47am
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Ministers Robertson & Faafoi say they will meet with the RBNZ & FMA regularly as their work programme on financial services sector conduct and operations develops
Commerce and Consumer Affairs Minister Kris Faafoi seeks feedback on insurance law revamp that aims to regulate insurers' conduct and better protect consumers who risk having their claims declined due to non-disclosure
22nd May 18, 11:39am
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Commerce and Consumer Affairs Minister Kris Faafoi seeks feedback on insurance law revamp that aims to regulate insurers' conduct and better protect consumers who risk having their claims declined due to non-disclosure
Commerce and Consumer Affairs Minister Kris Faafoi disappointed life and health insurers spent $34m on soft commissions in two years, but won't commit to banning them
17th May 18, 10:59am
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Commerce and Consumer Affairs Minister Kris Faafoi disappointed life and health insurers spent $34m on soft commissions in two years, but won't commit to banning them
Any NZ inquiry into the conduct of the financial services sector will require a lengthy and deep probe into the insurance sector, Gareth Vaughan argues
15th May 18, 4:10pm
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Any NZ inquiry into the conduct of the financial services sector will require a lengthy and deep probe into the insurance sector, Gareth Vaughan argues
The Finance Minister says he expects NZ banks to be able to prove they’re playing by the rules, in light of systemic problems in Australia; NZBA floats idea of industry-wide whistle-blowers’ standard
2nd May 18, 4:21pm
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The Finance Minister says he expects NZ banks to be able to prove they’re playing by the rules, in light of systemic problems in Australia; NZBA floats idea of industry-wide whistle-blowers’ standard
Government pressures Payments NZ to have open banking technology and standards ready to go by the end of the year; says more competition will see banks and card companies lower merchant fees
23rd Apr 18, 1:46pm
Government pressures Payments NZ to have open banking technology and standards ready to go by the end of the year; says more competition will see banks and card companies lower merchant fees
Despite the revelations from Australia's Financial Services Royal Commission going from bad to worse, don't expect the local offshoots of Australia's big banks to face the same scrutiny in NZ
23rd Apr 18, 10:39am
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Despite the revelations from Australia's Financial Services Royal Commission going from bad to worse, don't expect the local offshoots of Australia's big banks to face the same scrutiny in NZ
The debate & lobbying over whether retail payments ought to be regulated in NZ bubbled to the surface again this week, with the ball slowly but surely moving firmly into the government's court
22nd Apr 18, 5:45pm
The debate & lobbying over whether retail payments ought to be regulated in NZ bubbled to the surface again this week, with the ball slowly but surely moving firmly into the government's court
What the NZ retail payments industry is doing to facilitate open banking and reduce merchant fees to keep the Government happy and avoid regulation
18th Apr 18, 9:02am
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What the NZ retail payments industry is doing to facilitate open banking and reduce merchant fees to keep the Government happy and avoid regulation
Gareth Vaughan looks at MBIE's latest plans to clean up NZ's problematic Financial Service Providers' Register & reiterates his earlier call for the Government to abolish it
14th Apr 18, 9:32am
Gareth Vaughan looks at MBIE's latest plans to clean up NZ's problematic Financial Service Providers' Register & reiterates his earlier call for the Government to abolish it