consumer protection
[updated]
Bank lobby group to 'investigate' a voluntary reimbursement scheme for their customers who become scam victims, throws down the gauntlet to the Government for help with Anti-Scam Centre
15th Apr 24, 11:39am
19
Bank lobby group to 'investigate' a voluntary reimbursement scheme for their customers who become scam victims, throws down the gauntlet to the Government for help with Anti-Scam Centre
[updated]
New Zealand banks told to come up with a reimbursement scheme for scam victims by September
1st Mar 24, 3:54pm
10
New Zealand banks told to come up with a reimbursement scheme for scam victims by September
A new BIS research paper finds of the 68 stablecoins 'pegged' to the value of a specific asset, not one of them has been able to maintain parity with their pegs at all times
10th Nov 23, 9:08am
11
A new BIS research paper finds of the 68 stablecoins 'pegged' to the value of a specific asset, not one of them has been able to maintain parity with their pegs at all times
[updated]
The financial services sector is asking where to now after an expensive layer of compliance preparing for the Conduct of Financial Institutions Act could prove to be a wasted effort
20th Oct 23, 11:07am
7
The financial services sector is asking where to now after an expensive layer of compliance preparing for the Conduct of Financial Institutions Act could prove to be a wasted effort
When countries experience large capital outflows, significant currency substitution, an unacceptable level of money laundering risk, and/or risks to consumers and markets, targeted restrictions on crypto assets 'might be useful'
8th Sep 23, 5:00am
8
When countries experience large capital outflows, significant currency substitution, an unacceptable level of money laundering risk, and/or risks to consumers and markets, targeted restrictions on crypto assets 'might be useful'
Reserve Bank says there may be 'real advantages' to harmonising cryptoasset regulation globally
30th Jun 23, 11:48am
37
Reserve Bank says there may be 'real advantages' to harmonising cryptoasset regulation globally
'A nerve centre to disrupt scams': what NZ can learn from Singapore as fraud and deception crimes rise 77% annually
29th Jun 23, 1:28pm
8
'A nerve centre to disrupt scams': what NZ can learn from Singapore as fraud and deception crimes rise 77% annually
'It's OK to complain': consumers urged to know their rights, and use them, after confidence drop
8th Jun 23, 7:39am
25
'It's OK to complain': consumers urged to know their rights, and use them, after confidence drop
The Ministry of Business, Innovation and Employment proposes adding 'conduct' test to list of approvals required when a financial institution changes ownership
4th Aug 21, 6:42am
3
The Ministry of Business, Innovation and Employment proposes adding 'conduct' test to list of approvals required when a financial institution changes ownership
Z cancels final dividend for year after reporting $88 million after-tax loss; has attained some 'covenant relief' from lenders; aims to reduce costs by up to $96 mln this year
11th May 20, 9:28am
56
Z cancels final dividend for year after reporting $88 million after-tax loss; has attained some 'covenant relief' from lenders; aims to reduce costs by up to $96 mln this year
Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
5th Dec 19, 8:42am
138
Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government
28th Oct 19, 9:08am
1
Changes to the Commerce Act to address anti-competitive behaviour could be one step closer as MBIE prepares policy advice for the Government
Commerce Commission finds lack of active wholesale fuel market is stifling competition and costing consumers more than it should at the pump
20th Aug 19, 9:19am
57
Commerce Commission finds lack of active wholesale fuel market is stifling competition and costing consumers more than it should at the pump
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
11th Jul 19, 7:22am
8
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
6th May 19, 4:44pm
2
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
1st May 19, 3:04pm
4
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
27th Apr 19, 10:30am
13
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
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
Nouriel Roubini says the mystique of distributed-ledger technologies through 'decentralization' just a ruse to separate retail investors from their hard-earned real money
22nd Oct 18, 8:02am
53
Nouriel Roubini says the mystique of distributed-ledger technologies through 'decentralization' just a ruse to separate retail investors from their hard-earned real money
Despite the obvious advantages of cost-benefit analysis, Diane Coyle says optimal efficiency is not always desirable, and the long-term benefits of an investment are not always clear from the start
9th Oct 18, 9:19am
3
Despite the obvious advantages of cost-benefit analysis, Diane Coyle says optimal efficiency is not always desirable, and the long-term benefits of an investment are not always clear from the start
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
Life insurer accused of mis-selling to Aboriginal people sidesteps questions about its rapid growth in New Zealand
9th Aug 18, 5:00am
1
Life insurer accused of mis-selling to Aboriginal people sidesteps questions about its rapid growth in New Zealand
ANZ to stop incentivising frontline retail staff with sales targets, acknowledging the 'environment is clearly changing'
8th Aug 18, 12:22pm
10
ANZ to stop incentivising frontline retail staff with sales targets, acknowledging the 'environment is clearly changing'
Gaspard Koenig advocates the right to personal ownership of the digital information we generate
21st Jul 18, 9:46am
2
Gaspard Koenig advocates the right to personal ownership of the digital information we generate
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
8
Which 3 life insurance providers is the FMA considering taking regulatory action against? Westpac and AMP rule themselves out; 2 providers stay silent