financial markets regulation
RBNZ says upgrades to its key financial market infrastructures ESAS and NZClear are behind schedule, won't commit to a new go-live date
30th May 19, 10:23am
RBNZ says upgrades to its key financial market infrastructures ESAS and NZClear are behind schedule, won't commit to a new go-live date
Banks have had to remove incentives linked to sales and are being told to ensure good outcomes for all customers. Here, ANZ, BNZ and Westpac's CEOs talk about how this is progressing
13th May 19, 2:11pm
Banks have had to remove incentives linked to sales and are being told to ensure good outcomes for all customers. Here, ANZ, BNZ and Westpac's CEOs talk about how this is progressing
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
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
Supreme Court potentially paves the way for the FMA to take action against ANZ on behalf of Ross Asset Management investors. FMA 'pleased', ANZ 'disappointed'
12th Apr 19, 12:01pm
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Supreme Court potentially paves the way for the FMA to take action against ANZ on behalf of Ross Asset Management investors. FMA 'pleased', ANZ 'disappointed'
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
10th Apr 19, 5:34pm
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
The Reserve Bank names Yuong Ha its new Chief Economist and Vanessa Rayner Head of Financial Markets
9th Apr 19, 11:17am
The Reserve Bank names Yuong Ha its new Chief Economist and Vanessa Rayner Head of Financial Markets
Financial Markets Authority CEO Rob Everett says regulators and the law should reflect the expectations and needs of society and the goalposts are shifting
8th Apr 19, 10:59am
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Financial Markets Authority CEO Rob Everett says regulators and the law should reflect the expectations and needs of society and the goalposts are shifting
Joanna Trezise says a Court of Appeal ruling in an FMA vs ANZ case gives useful clarification of the FMA’s step-in powers under the Financial Markets Authority Act
25th Mar 19, 9:38am
Joanna Trezise says a Court of Appeal ruling in an FMA vs ANZ case gives useful clarification of the FMA’s step-in powers under the Financial Markets Authority Act
Geof Mortlock explains why higher bank capital ratios are not a substitute for deposit insurance
19th Feb 19, 11:08am
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Geof Mortlock explains why higher bank capital ratios are not a substitute for deposit insurance
FMA plans more work on KiwiSaver fees, says eye will be on the conduct of default providers ahead of the next round of default appointments
13th Feb 19, 4:16pm
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FMA plans more work on KiwiSaver fees, says eye will be on the conduct of default providers ahead of the next round of default appointments
Geof Mortlock makes the case for a shake-up to RBNZ governance and a fundamental, independent review of the regulatory framework for NZ's financial system
12th Feb 19, 12:32pm
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Geof Mortlock makes the case for a shake-up to RBNZ governance and a fundamental, independent review of the regulatory framework for NZ's financial system
After casting an eye over the FMA-RBNZ report on life insurers' conduct & culture, Andrew Hooker encourages the Government to legislate to force change
2nd Feb 19, 9:04am
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After casting an eye over the FMA-RBNZ report on life insurers' conduct & culture, Andrew Hooker encourages the Government to legislate to force change
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
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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
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
Challenge of achieving good customer outcomes through vertically integrated banks 'harmed significantly' by staff incentives 'to put away product', FMA says
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
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FMA & RBNZ report highlights several ways government could address regulatory gaps to incentivise banks to develop & maintain appropriate management of conduct risk
Commerce & Consumer Affairs Minister Kris Faafoi off to Sydney to talk open banking as he mulls whether there's a govt role in 'opening up NZ’s banking regime further'
27th Sep 18, 4:50pm
Commerce & Consumer Affairs Minister Kris Faafoi off to Sydney to talk open banking as he mulls whether there's a govt role in 'opening up NZ’s banking regime further'
Bank for International Settlements highlights the dominance of consumer lending in New Zealand fintech sector
25th Sep 18, 2:02pm
Bank for International Settlements highlights the dominance of consumer lending in New Zealand fintech sector
Share market investors more upbeat on NZ's financial markets than property investors despite jitters in both markets; KiwiSaver investor confidence subpar
12th Jul 18, 2:13pm
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Share market investors more upbeat on NZ's financial markets than property investors despite jitters in both markets; KiwiSaver investor confidence subpar
Phase 2 of RBNZ Act review to probe macro-prudential tools, IMF findings & potentially separation of monetary policy & prudential supervision responsibilities
7th Jun 18, 10:31am
Phase 2 of RBNZ Act review to probe macro-prudential tools, IMF findings & potentially separation of monetary policy & prudential supervision responsibilities
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
Geof Mortlock argues the prudential regulation of banks, insurers and non-bank deposit-takers should be moved from the RBNZ to a new regulatory agency
4th May 18, 10:32am
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Geof Mortlock argues the prudential regulation of banks, insurers and non-bank deposit-takers should be moved from the RBNZ to a new regulatory agency
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
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
Director with interim name suppression says company they represented is outside the jurisdiction of NZ law in case taken by the FMA
16th Apr 18, 4:07pm
Director with interim name suppression says company they represented is outside the jurisdiction of NZ law in case taken by the FMA