NZ Adviser
Banks submit conduct and culture review responses to regulators
02/04/2019
The individual work plans for each bank have all been signed off at the highest level. That means there is buy-in from the very top of these financial institutions to make sure they’re meeting regulator and public expectations.
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Interest.co.nz
FMA and RBNZ say ‘thorough’ review of responses from 11 banks to conduct and culture review will take several weeks
02/04/2019
All banks with sales incentives have committed to remove or address them for frontline salespeople and their managers, with some having already removed sales incentives.
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Banks respond to Conduct and Culture Report
01/04/2019
All 11 banks involved in the Bank Conduct and Culture review by the Financial Markets Authority and the Reserve Bank have responded with individual work plans. “While I cannot disclose the information in each work plan, I can confirm that all banks with sales incentives have committed to remove or address them for frontline salespeople...
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NZ Adviser
Banking industry contributes $1m to support Christchurch families
19/03/2019
New Zealand Bankers’ Association members have committed $1 million to the Our People, Our City Fund, which will meet the immediate and long term needs of the families most directly affected.
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NZ Herald
NZ banks donate $1m to families affected by ChCh shooting
18/03/2019
The New Zealand banking industry has donated $1 million to those affected by the 15 March shooting in Christchurch that claimed the lives of 50 people.
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Banking industry contributes $1 million to Christchurch families’ fund
18/03/2019
The banking industry has today contributed $1 million to the Christchurch Foundation’s Our People, Our City Fund to meet the long and short term needs of the families most affected by Friday’s terror attacks. New Zealand Bankers’ Association chair David McLean said the industry shared the sense of shock of all New Zealanders and wants...
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Get password smart!
03/03/2019
Protect access to your banking by using strong, unique and secure passwords. That’s the New Zealand Bankers’ Association’s message in support of CERT NZ’s Get Password Smart campaign that kicks off today. “We all have a role to play in preventing financial crime by protecting unauthorised access to our bank accounts. Being smart about your...
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NZ Herald
The interview: Roger Beaumont – Banking’s new cheerleader says there is work to do
15/02/2019
“I think the real opportunity for the banking industry in NZ is to tell our story better because I think there is a really good story to tell.”
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TVNZ
Australian banks carry the blame for industry’s widespread greed-driven misconduct, royal commission finds
04/02/2019
“While the FMA and RBNZ review into banking conduct last year found no evidence of widespread misconduct, the industry believes that trust is central to customer relationships and welcomes any moves to improve this.”
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RNZ
Banks may become cautious lenders following report
04/02/2019
“We will also work closely with the government on the recently announced fast-tracking of regulation for further customer protection in the financial sector.”
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