conduct and culture
Amid ongoing activity around the FMA-Reserve Bank review of banks' conduct and culture, a Consumer NZ survey finds one in five bank customers being offered products they didn't request
24th Apr 19, 12:50pm
16
Amid ongoing activity around the FMA-Reserve Bank review of banks' conduct and culture, a Consumer NZ survey finds one in five bank customers being offered products they didn't request
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%
BNZ dismisses Australian media report it's negotiating a sale of its life insurance business to Partners Life, which is staying quiet
9th Apr 19, 7:51am
BNZ dismisses Australian media report it's negotiating a sale of its life insurance business to Partners Life, which is staying quiet
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
FMA and RBNZ say 'thorough' review of responses from 11 banks to conduct and culture review will take several weeks
2nd Apr 19, 9:43am
FMA and RBNZ say 'thorough' review of responses from 11 banks to conduct and culture review will take several weeks
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
RBNZ Governor Adrian Orr says delivering good customer outcomes and removing sales incentives shouldn't be rocket science for banks
20th Feb 19, 5:00am
20
RBNZ Governor Adrian Orr says delivering good customer outcomes and removing sales incentives shouldn't be rocket science for banks
KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
14th Feb 19, 5:00am
7
KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
New Zealand banks are making hay while the sun shines but KPMG argues they're heading into some of their most challenging times ever
13th Feb 19, 9:36am
New Zealand banks are making hay while the sun shines but KPMG argues they're heading into some of their most challenging times ever
ASB CEO Vittoria Shortt says 'huge agenda' of potential regulatory change could lead to price changes for bank customers & credit rationing
8th Feb 19, 11:17am
ASB CEO Vittoria Shortt says 'huge agenda' of potential regulatory change could lead to price changes for bank customers & credit rationing
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
6th Feb 19, 8:59am
A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
NAB CEO and ex-BNZ CEO Andrew Thorburn cancels leave, says he will 'personally and visibly' lead response to stinging Royal Commission criticism
5th Feb 19, 1:01pm
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NAB CEO and ex-BNZ CEO Andrew Thorburn cancels leave, says he will 'personally and visibly' lead response to stinging Royal Commission criticism
Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
5th Feb 19, 8:04am
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Aussie Royal Commission's final report lashes sales incentives & ex-BNZ boss Andrew Thorburn, brings bad news for mortgage brokers
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
1
After casting an eye over the FMA-RBNZ report on life insurers' conduct & culture, Andrew Hooker encourages the Government to legislate to force change
Proposed Government crack-down on insurance sales incentives re-sparks discussion over how to provide free or affordable financial advice that isn't compromised
30th Jan 19, 2:41pm
3
Proposed Government crack-down on insurance sales incentives re-sparks discussion over how to provide free or affordable financial advice that isn't compromised
Robertson and Faafoi commit to plugging legal gap that sees bank and insurance conduct go unregulated
29th Jan 19, 3:11pm
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Robertson and Faafoi commit to plugging legal gap that sees bank and insurance conduct go unregulated
The FMA & RBNZ detail remediation & poor conduct examples found in their review of life insurers' conduct and culture
29th Jan 19, 1:05pm
1
The FMA & RBNZ detail remediation & poor conduct examples found in their review of life insurers' conduct and culture
RBNZ and FMA talk tough on poor conduct and culture of $2.57 billion life insurance sector, but avoid explicitly telling insurers to put an end to commission payments
29th Jan 19, 1:00pm
11
RBNZ and FMA talk tough on poor conduct and culture of $2.57 billion life insurance sector, but avoid explicitly telling insurers to put an end to commission payments
RBNZ flags astronomical life insurance commissions as it indicates its conduct and culture review on the industry will be more scathing than the one it did on banks; However the sharpness of regulators' teeth remain in question
28th Nov 18, 4:55pm
2
RBNZ flags astronomical life insurance commissions as it indicates its conduct and culture review on the industry will be more scathing than the one it did on banks; However the sharpness of regulators' teeth remain in question