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conduct

Gareth Vaughan hopes the Financial Markets Authority under its incoming CEO will stand up for the little guys, the ma and pa retail investors, and not be too tied up with the big end of town
15th Sep 21, 3:00pm
6
Gareth Vaughan hopes the Financial Markets Authority under its incoming CEO will stand up for the little guys, the ma and pa retail investors, and not be too tied up with the big end of town
Parent of buy now pay later service provider calls for Aussie-style Code of Conduct to be developed and implemented in New Zealand, seeks to engage with the industry and Minister Kris Faafoi
4th Feb 20, 2:48pm
Parent of buy now pay later service provider calls for Aussie-style Code of Conduct to be developed and implemented in New Zealand, seeks to engage with the industry and Minister Kris Faafoi
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
7
Small businesses lacking bargaining power front of mind for Government as it consults on strengthening protections against unfair commercial practices
FMA boss calls for financial services firms to stop focusing on shareholders at the expense of customers, with public trust the worst it has been since the GFC
7th Sep 18, 7:46am
3
FMA boss calls for financial services firms to stop focusing on shareholders at the expense of customers, with public trust the worst it has been since the GFC
Life insurers, fund managers and other financial service providers could be fined up to $100,000 for breaching industry body's new Code of Conduct
5th Sep 18, 5:02pm
Life insurers, fund managers and other financial service providers could be fined up to $100,000 for breaching industry body's new Code of Conduct
S&P downgrades AMP Life's credit rating by a notch 'as a result of fallout from the Royal Commission revelations'; NZ managing director says impact on NZ is immaterial
30th Aug 18, 3:22pm
S&P downgrades AMP Life's credit rating by a notch 'as a result of fallout from the Royal Commission revelations'; NZ managing director says impact on NZ is immaterial
FMA not keen to embed supervisors in banks like its Aussie counterpart, but sees logic of prudential regulators - IE the Reserve Bank - doing so
9th Aug 18, 4:00pm
5
FMA not keen to embed supervisors in banks like its Aussie counterpart, but sees logic of prudential regulators - IE the Reserve Bank - doing so
CEO Vittoria Shortt says ASB not seeing weak business confidence transferring to actual economic activity, doesn't expect FMA & RBNZ to turn up systemic issues
9th Aug 18, 11:19am
CEO Vittoria Shortt says ASB not seeing weak business confidence transferring to actual economic activity, doesn't expect FMA & RBNZ to turn up systemic issues
The ASB profit machine marches on with June year net profit up 10% to $1.177 bln, net interest margin, return on equity & parent CBA's dividends all up
8th Aug 18, 10:08am
19
The ASB profit machine marches on with June year net profit up 10% to $1.177 bln, net interest margin, return on equity & parent CBA's dividends all up
Australian Productivity Commission proposes a formal, accountable reporting line to bank board and regulator putting substance to banks' marketing claim they put customers first
7th Aug 18, 10:40am
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Australian Productivity Commission proposes a formal, accountable reporting line to bank board and regulator putting substance to banks' marketing claim they put customers first
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
by Jason Walls
6
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
Work underway to boost Banking Ombudsman oversight of banks' internal dispute resolution processes as Westpac looks for lessons
27th Jul 18, 4:04pm
Work underway to boost Banking Ombudsman oversight of banks' internal dispute resolution processes as Westpac looks for lessons
Which 3 life insurance providers is the FMA considering taking regulatory action against? Westpac and AMP rule themselves out; 2 providers stay silent 
19th Jul 18, 7:29am
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Which 3 life insurance providers is the FMA considering taking regulatory action against? Westpac and AMP rule themselves out; 2 providers stay silent 
Churn concerns prompt FMA to consider regulatory action against three large financial institutions that sell life insurance
18th Jul 18, 1:09pm
8
Churn concerns prompt FMA to consider regulatory action against three large financial institutions that sell life insurance
IAG the first big player in the finance sector to get rid of staff sales targets; Move comes in the wake of law changes in NZ and a royal commission inquiry in Australia
29th Jun 18, 11:42am
3
IAG the first big player in the finance sector to get rid of staff sales targets; Move comes in the wake of law changes in NZ and a royal commission inquiry in Australia
The Commerce Commission details its role in the FMA & RBNZ led probe into the conduct & culture of banks and life insurers
29th Jun 18, 10:58am
The Commerce Commission details its role in the FMA & RBNZ led probe into the conduct & culture of banks and life insurers
Governor Adrian Orr says RBNZ & FMA team to conduct on-site bank visits with life insurers' submissions due Friday, as probe into conduct & culture of financial services sector continues
22nd Jun 18, 2:34pm
Governor Adrian Orr says RBNZ & FMA team to conduct on-site bank visits with life insurers' submissions due Friday, as probe into conduct & culture of financial services sector continues
Jen​ée Tibshraeny argues bank regulators should tap into the info the SFO has about the weak spots in bank systems that enabled a group to fraudulently secure 57 loans worth $54m
20th Jun 18, 10:36am
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Jen​ée Tibshraeny argues bank regulators should tap into the info the SFO has about the weak spots in bank systems that enabled a group to fraudulently secure 57 loans worth $54m
The Chairman of Parliament's Finance and Expenditure Select Committee has reversed his decision to request banking and insurance CEOs appear before the Select Committee
18th Jun 18, 10:33am
by Jason Walls
13
The Chairman of Parliament's Finance and Expenditure Select Committee has reversed his decision to request banking and insurance CEOs appear before the Select Committee
Chairman says bank bosses to be called before Parliament's Finance and Expenditure Select Committee as FMA & RBNZ probe into sector continues
14th Jun 18, 1:34pm
by Jason Walls
6
Chairman says bank bosses to be called before Parliament's Finance and Expenditure Select Committee as FMA & RBNZ probe into sector continues
FMA CEO Rob Everett says the financial services sector is at a tipping point and needs to focus on how to make sure customers get a better deal
4th Jun 18, 6:31am
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FMA CEO Rob Everett says the financial services sector is at a tipping point and needs to focus on how to make sure customers get a better deal
Although strictly speaking it's outside the RBNZ's mandate, Governor Adrian Orr introducing a much greater focus on consumer outcomes to the central bank is welcome, Gareth Vaughan says
2nd Jun 18, 7:02am
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Although strictly speaking it's outside the RBNZ's mandate, Governor Adrian Orr introducing a much greater focus on consumer outcomes to the central bank is welcome, Gareth Vaughan says
FMA's Rob Everett says review of bank conduct & culture shows plenty that could be done better but so far no evidence of systemic misconduct
30th May 18, 2:00pm
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FMA's Rob Everett says review of bank conduct & culture shows plenty that could be done better but so far no evidence of systemic misconduct
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
The FMA and RBNZ’s top brass to brief MPs on Wednesday following their probe into NZ bank conduct
28th May 18, 1:32pm
by Jason Walls
7
The FMA and RBNZ’s top brass to brief MPs on Wednesday following their probe into NZ bank conduct