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Media

Here you’ll find our media releases along with our media appearances.

Don’t get phished, vished or smished
The New Zealand Bankers’ Association is encouraging people to protect their personal information as Australasian Consumer Fraud Week kicks off today. “Fraudsters are always looking for new ways to scam us and steal our money. Scammers use a range of ways to trick people into handing over personal information, usually by phone or email. Once...
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Govt promotes success of new anti-money laundering laws on world stage, while those at the coalface fork out to meet standards
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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Why banks won’t pass on cost of new tax
“New Zealand is an importer of capital – it’s not a new thing, we’ve always been like that and we will probably have to be for some time. So this is going to tax that more: it does mean extra costs. And any extra costs means, potentially, increased lending costs for businesses and consumers.”
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Banking industry to work with LVR changes
In response to the LVR changes announced today by the Reserve Bank, the New Zealand Bankers’ Association said that banks will work to meet the new obligations but warns that demand side initiatives are only one part of the solution. “We look forward to seeing more detail on the proposal and working with the Reserve...
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