Who watches the watchdog? Amid claims of bullying, the financial markets’ regulator now faces the ignominy of an inquiry into its own culture and conduct
Bank / Finance
Government puts Labour’s covid-19 spend-up under the microscope
NZ’s finance industry is required by law to treat customers fairly but how do we define ‘fair’?
Reserve Bank pings ASB for breaches of anti-money laundering regime, fines bank $6.73 million
New Reserve Bank Governor pledges a ‘laser-focus’ on low and stable inflation and no group-think
Reserve Bank signals likely end to interest rate cuts – for now
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Reserve Bank cuts OCR, signals further rate reductions as global growth slows
Reserve Bank to review controversial capital adequacy regime
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ANZ’s former chief economist blasts ‘alpha’ banking profits
How monetary policy might fare in the wake of Orr’s exit
Adrian Orr quits Reserve Bank, tight-lipped on reasons
NZ First introduces member’s bill in a bid to curb ‘woke’ debanking
Westpac pinged for overcharging
Westpac CEO defends profits, recounts UK experience with open banking
Reserve Bank’s Orr plays Santa with rate cut
Single regulator, industry levy for new AML regime
ANZ boss rejects surcharge on profits; defends bank’s ‘big headline number’
Government announces revamp of anti-money laundering law
High Court imposes $6.175 million penalty on AA Insurance
FMA sues ASB Bank for misconduct; secures $6.175m penalty against AA Insurance
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