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risk management

Returning from the UK, new Westpac NZ CEO Catherine McGrath says lending processes have got more difficult here, whilst they've got easier in the UK
13th Dec 21, 10:58am
Returning from the UK, new Westpac NZ CEO Catherine McGrath says lending processes have got more difficult here, whilst they've got easier in the UK
RBNZ and FMA to review governance across 32 financial service providers against a backdrop of growing concern about board governance and risk compliance
8th Dec 21, 9:20am
RBNZ and FMA to review governance across 32 financial service providers against a backdrop of growing concern about board governance and risk compliance
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
30th Nov 21, 10:29am
9
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
Westpac NZ's independent non-executive directors 'were not able to engage with and provide robust challenges to the executive on risk topics'
26th Nov 21, 9:47am
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Westpac NZ's independent non-executive directors 'were not able to engage with and provide robust challenges to the executive on risk topics'
25th Nov 21, 8:54am
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RBNZ says Westpac NZ has made progress 'but there is a lot more to do'
Volatility and a lack of liquidity causing ructions in local wholesale money markets, which isn't good news for people with home loans
29th Oct 21, 12:46pm
48
Volatility and a lack of liquidity causing ructions in local wholesale money markets, which isn't good news for people with home loans
The Reserve Bank aims to develop 'a strong understanding' of the impacts climate change could have on its ability to conduct monetary policy and maintain financial stability
26th Oct 21, 1:01pm
28
The Reserve Bank aims to develop 'a strong understanding' of the impacts climate change could have on its ability to conduct monetary policy and maintain financial stability
Government’s proposed climate-related accounting disclosure standards aim to make sure the impacts of climate change are actively considered by company boards and management
20th Oct 21, 4:31pm
3
Government’s proposed climate-related accounting disclosure standards aim to make sure the impacts of climate change are actively considered by company boards and management
Reserve Bank says thematic review of banks' compliance with its liquidity policy highlights gaps in banks’ liquidity risk management frameworks
9th Sep 21, 11:25am
3
Reserve Bank says thematic review of banks' compliance with its liquidity policy highlights gaps in banks’ liquidity risk management frameworks
Westpac New Zealand receiving help from consultancy Deloitte with 'IT uplift plan'
31st May 21, 10:54am
Westpac New Zealand receiving help from consultancy Deloitte with 'IT uplift plan'
Credit rating agency S&P Global Ratings highlights the risk to banks' credit ratings from cyber attacks
26th May 21, 10:59am
Credit rating agency S&P Global Ratings highlights the risk to banks' credit ratings from cyber attacks
Westpac NZ hit with a public shaming over its culture around how it approached liquidity risk compliance that resulted in 'material failures'
24th Mar 21, 8:58am
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Westpac NZ hit with a public shaming over its culture around how it approached liquidity risk compliance that resulted in 'material failures'
Harbour Asset Management's Chris Di Leva and Hamish Pepper run through the top 10 risks and opportunities they see looming in 2021
18th Dec 20, 9:19am
by Guest
4
Harbour Asset Management's Chris Di Leva and Hamish Pepper run through the top 10 risks and opportunities they see looming in 2021
Australian Prudential Regulation Authority moves against 'material breaches of prudential liquidity standards' by Westpac, including in relation to Westpac NZ
1st Dec 20, 1:49pm
13
Australian Prudential Regulation Authority moves against 'material breaches of prudential liquidity standards' by Westpac, including in relation to Westpac NZ
Management consultancy McKinsey & Co says the COVID-19 pandemic has revealed unexpected flaws in banks' business models which they must urgently address
12th May 20, 8:06am
Management consultancy McKinsey & Co says the COVID-19 pandemic has revealed unexpected flaws in banks' business models which they must urgently address
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
5th Dec 19, 4:47pm
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
Geof Mortlock says despite the RBNZ's concerns, an overlap in directors between a parent bank and its NZ subsidiary is a sound practice bringing benefits to the governance and management of risks of the NZ bank 
17th Oct 19, 1:21pm
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Geof Mortlock says despite the RBNZ's concerns, an overlap in directors between a parent bank and its NZ subsidiary is a sound practice bringing benefits to the governance and management of risks of the NZ bank 
Gareth Vaughan argues there are bigger issues at play behind ANZ NZ's censure by the RBNZ, well beyond calling for John Key to go as the bank's chairman
11th Jun 19, 3:27pm
9
Gareth Vaughan argues there are bigger issues at play behind ANZ NZ's censure by the RBNZ, well beyond calling for John Key to go as the bank's chairman
BNZ says bug in a third-party foreign exchange trading platform in 2014 resulted in a forex trade replicating in error causing an unintended position of over $1 billion against US dollar for half an hour
1st Jun 19, 9:31am
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BNZ says bug in a third-party foreign exchange trading platform in 2014 resulted in a forex trade replicating in error causing an unintended position of over $1 billion against US dollar for half an hour
Patrick Watson of Mauldin Economics takes a look at what the unlikely scenario of a break-up of the USA could mean from an investment perspective
27th Feb 19, 11:11am
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Patrick Watson of Mauldin Economics takes a look at what the unlikely scenario of a break-up of the USA could mean from an investment perspective
Deloitte report on RBNZ's bank director attestation regime calls for APRA-style prescriptive prudential standard on risk management
26th Feb 19, 5:00am
2
Deloitte report on RBNZ's bank director attestation regime calls for APRA-style prescriptive prudential standard on risk management
Andrew Johnson says it is after-inflation, after-tax returns that matter. They are important for many investors, including savers with inflation-plus objectives and charitable organisations that reserve for the impact of inflation on their capital
3rd Mar 18, 11:14am
by Guest
Andrew Johnson says it is after-inflation, after-tax returns that matter. They are important for many investors, including savers with inflation-plus objectives and charitable organisations that reserve for the impact of inflation on their capital
Clive Smith reminds investors bonds are still the asset class that puts the 'balance' in a balanced portfolio, and diversification of bond premiums is likely to become more important as volatility rises across the global investment market
27th Feb 18, 9:55am
by Guest
7
Clive Smith reminds investors bonds are still the asset class that puts the 'balance' in a balanced portfolio, and diversification of bond premiums is likely to become more important as volatility rises across the global investment market
Geopolitical expert, Professor Alan Dupont, shares his view on the likely results of the current power struggles between the US , China and Russia and the implications for investors
24th Feb 18, 9:22am
by Guest
1
Geopolitical expert, Professor Alan Dupont, shares his view on the likely results of the current power struggles between the US , China and Russia and the implications for investors
The IMF criticises the RBNZ's idiosyncratic light handed regulation of NZ's banks, but notes effective supervision requires political will as a catalyst and adequate resources
13th May 17, 10:28am
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The IMF criticises the RBNZ's idiosyncratic light handed regulation of NZ's banks, but notes effective supervision requires political will as a catalyst and adequate resources