financial services
Labour, Consumer NZ will be watching closely how new Government rolls out financial services reform
31st Jan 24, 2:53pm
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Labour, Consumer NZ will be watching closely how new Government rolls out financial services reform
Commerce and Consumer Affairs Minister Andrew Bayly says FMA to take over CCCFA oversight from ComCom
31st Jan 24, 9:32am
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Commerce and Consumer Affairs Minister Andrew Bayly says FMA to take over CCCFA oversight from ComCom
[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
Credit ratings agency S&P Global Ratings says NZ Post is facing 'ongoing structural decline' in its traditional business and will have reduced financial flexibility after sale of Kiwibank to the Crown
6th Oct 23, 12:36pm
Credit ratings agency S&P Global Ratings says NZ Post is facing 'ongoing structural decline' in its traditional business and will have reduced financial flexibility after sale of Kiwibank to the Crown
FMA looking at Australia's national anti-scam centre, but 'there's no silver bullet' to fight fraudsters
17th Aug 23, 10:33am
4
FMA looking at Australia's national anti-scam centre, but 'there's no silver bullet' to fight fraudsters
Helen Lu says AI can reduce service costs and increase demand for financial services
15th May 23, 9:22am
Helen Lu says AI can reduce service costs and increase demand for financial services
Trustee of NZ foreign trust turns to the High Court in attempt to recover more than $2.3 million from Vivier and Company
9th Feb 22, 5:04pm
2
Trustee of NZ foreign trust turns to the High Court in attempt to recover more than $2.3 million from Vivier and Company
Departing FMA CEO Rob Everett warns the big end of town the regulator won't back away from a fight if it believes one is necessary
20th Oct 21, 12:03pm
3
Departing FMA CEO Rob Everett warns the big end of town the regulator won't back away from a fight if it believes one is necessary
Bank for International Settlements suggests entity-based rules alongside activities-based requirements as the best way to regulate big tech activity in financial services
3rd Aug 21, 9:12am
Bank for International Settlements suggests entity-based rules alongside activities-based requirements as the best way to regulate big tech activity in financial services
FMA review prompts insurers to refund customers they over-charged and remove shonky products from the market; Poor performers unnamed and not prosecuted
22nd Jul 21, 5:00am
30
FMA review prompts insurers to refund customers they over-charged and remove shonky products from the market; Poor performers unnamed and not prosecuted
New Zealand man, and former Worldclear employee Richard Whitham, pleads guilty to removing more than S$1 million from Singapore that wasn't his
10th Jul 21, 8:46am
3
New Zealand man, and former Worldclear employee Richard Whitham, pleads guilty to removing more than S$1 million from Singapore that wasn't his
FMA expects some investment fund fees to fall, as it releases guidance on how fund managers need to make the case they're providing value for money
14th Apr 21, 7:30am
3
FMA expects some investment fund fees to fall, as it releases guidance on how fund managers need to make the case they're providing value for money
Bank for International Settlements paper argues an approach combining financial regulation, competition policy and data privacy is required for regulating big tech's push into financial services
18th Mar 21, 10:08am
2
Bank for International Settlements paper argues an approach combining financial regulation, competition policy and data privacy is required for regulating big tech's push into financial services
Bell Gully's Simon Watt and Kate Redgewell say mandatory climate-risk reporting for the financial sector will be a relatively big shift for a number of organisations
29th Sep 20, 11:41am
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Bell Gully's Simon Watt and Kate Redgewell say mandatory climate-risk reporting for the financial sector will be a relatively big shift for a number of organisations
Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
25th Sep 19, 12:30pm
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Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
Financial Markets Authority considering prosecuting life insurers over sales tactics; says 'there will be more remediation, more repayments to consumers'; Commerce and Consumer Affairs Minister warns NZ isn't immune from a royal commission
13th Sep 19, 10:58am
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Financial Markets Authority considering prosecuting life insurers over sales tactics; says 'there will be more remediation, more repayments to consumers'; Commerce and Consumer Affairs Minister warns NZ isn't immune from a royal commission
As open banking in New Zealand slowly grinds into action, we look at what data of theirs banks' customers will be able to share with third parties
24th Jun 19, 9:44am
As open banking in New Zealand slowly grinds into action, we look at what data of theirs banks' customers will be able to share with third parties
Gareth Vaughan details the two reports, the consultation process and the chart he'll be keeping a close eye on in 2019
24th Dec 18, 7:02am
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Gareth Vaughan details the two reports, the consultation process and the chart he'll be keeping a close eye on in 2019
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
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
Any NZ inquiry into the conduct of the financial services sector will require a lengthy and deep probe into the insurance sector, Gareth Vaughan argues
15th May 18, 4:10pm
3
Any NZ inquiry into the conduct of the financial services sector will require a lengthy and deep probe into the insurance sector, Gareth Vaughan argues
Michael Wood, the Chairman of Parliament's Finance and Expenditure Select Committee, says summoning bank CEOs to appear before MPs is an ‘open and live option’
15th May 18, 1:05pm
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Michael Wood, the Chairman of Parliament's Finance and Expenditure Select Committee, says summoning bank CEOs to appear before MPs is an ‘open and live option’
FMA and RBNZ's response to revelations from Australian financial services Royal Commission appear 'rather desperate' and 'driven by being seen to be doing something'
11th May 18, 1:47pm
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FMA and RBNZ's response to revelations from Australian financial services Royal Commission appear 'rather desperate' and 'driven by being seen to be doing something'
Schemes that deal with complaints people make about their financial service providers urge the Government not to go too far in making them report all the misconduct they see to regulators
11th May 18, 5:00am
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Schemes that deal with complaints people make about their financial service providers urge the Government not to go too far in making them report all the misconduct they see to regulators
Questions raised over NZ's financial services consumer dispute resolution model with the four competing schemes incentivised to sell themselves to the industry
9th May 18, 4:03pm
2
Questions raised over NZ's financial services consumer dispute resolution model with the four competing schemes incentivised to sell themselves to the industry