NBR
Anti-money laundering law ‘significant cost’ for banks
03/07/2015
Banks operate in a “very competitive” environment to attract and retain customers but this is balanced by the need to take compliance obligations seriously. “If they can continue to bank a customer within the bounds of their AML obligations, they will.”
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NZ Herald
Racial bias in mortgage lending exposed
18/06/2015
New Zealand Bankers’ Association chief executive Kirk Hope said racial stereotyping was not in the banks’ or their customers interests especially within such a competitive part of the banking sector.
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Interest.co.nz
Banks tight-lipped over talk of loosening lending requirements for apartment buyers as apartment living ‘loses its stigma’
16/06/2015
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Interest.co.nz
Here’s a collection of some of the political and business comments offered on the Budget announcement
21/05/2015
Budget 2015 continues the government’s responsible economic direction the New Zealand Bankers’ Association said today.
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Stuff.co.nz
Budget 2015: Business leaders react
21/05/2015
Bankers Association boss Kirk Hope said removing the kickstart was understandable from a cost perspective, but he called on the Government to commit to beefing up rules around enrolment.
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Stuff.co.nz
Beware the risks of identity theft
18/05/2015
New Zealand Bankers’ Association boss Kirk Hope said fraudsters were always looking for new ways to scam and steal people’s money.
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Radio NZ
Bankers Association doubts new rules will cool Auckland property market
14/05/2015
Kirk Hope talks to Susie Ferguson about new lending restirctions for Auckland porperty investors.
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NZ Herald
Loan restrictions will do little to cool housing market, says bank boss
14/05/2015
New Zealand Bankers’ Association chief executive Kirk Hope said the new regulations would make borrowing more difficult for Auckland property investors. But they would have limited impact on prices. “The real issues driving housing affordability in Auckland are the lack of housing supply, and strong inward migration, not the availability of cheap credit.”
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Interest.co.nz
Govt promotes success of new anti-money laundering laws on world stage, while those at the coalface fork out to meet standards
13/05/2015
Banks consider how vulnerable money remitters are based on whether they are registered, accept cash deposits frequently or deposits with a high value, process transfers to or from high risk jurisdictions, aggregate bulk payments and thus remove the transparency on their clients, have little or no upper limits on the value or frequency of transactions,...
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NZ Lawyer Magazine
Major NZ firm third to join NZBA
11/05/2015
Chapman Tripp will join Russell McVeagh and Buddle Findlay as law firm affiliate members, NZBA chief executive Kirk Hope revealed last week.
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