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Motor Fax July 2024

Motor Fax for July 2024

Motor Fax May 2024

May Motor Fax

(2024) Effective Financial Dispute Resolution

The Financial Services Federation (FSF) is grateful to the Ministry for the opportunity to respond to its draft discussion document: Effective financial dispute resolution discussion document.

(2024) Fit for Purpose Financial Services Conduct Regulation

The Financial Services Federation (FSF) is grateful to the Ministry for the opportunity to respond to its draft discussion document: Fit for purpose financial services conduct regulation discussion document.

(2024) Contracts of Insurance Bill submission

The Financial Services Federation (“FSF”) is grateful to the Finance and Expenditure Select Committee (“the Committee”) for the opportunity to respond on behalf of our members to the proposed Contracts of Insurance Bill (“the Bill”) which recently passed its first reading.

(2024) April - May Regulatory Update

The April-May Regulatory update includes a comprehensive update on the work being done on the CCCFA including proposed timelines for the implementation of stage one and further details about what may be reviewed in stage two. Meanwhile, we are working on a variety of other open consultations including the Statement of Funding Approach for the DCS and the new Contracts of Insurance Bill. The update also includes our recent submissions on the Biometrics Code of Practice and the Commerce Commissions Market Inquiry into Personal Banking Services.

(2024) Office of the Privacy Commissioner Biometric Processing Code of Practice submission

The Financial Services Federation (“FSF”) is grateful to the Office of the Privacy Commissioner (“the OPC”) for the opportunity to respond on behalf of our members to the exposure draft of the Biometric Processing Code of Practice and accompanying consultation document (“the Consultation”).

Motor Fax March 2024

Motor Fax for March 2024

(2024) March - April Regulatory Update

The March - April Regulatory update includes information on the recently released Commerce Commission Market Inquiry into Personal Banking Services as well as other minor updates. Meanwhile we are still monitoring the review of the Credit Contracts and Consumer Finance Act and working on a response to the market study as well as the RBNZ’s consultation on the Depositor Compensation Scheme Regulations. All updates are now highlighted in grey in the body of the update.

Motor Fax Jan 2024

Motor Fax for January 2024

(2024) Commerce Commission Self Reporting Guidance Submission

The Financial Services Federation (“FSF”) is grateful to the Commerce Commission (“ComCom”) for the opportunity to respond on behalf of our members to the Self-reporting Guidance for Lenders (“the Consultation”).

(2024) Fit for Purpose Consumer Credit Legislation

The Financial Services Federation (FSF) is grateful to the Ministry for the opportunity to respond to its draft discussion document: Fit for purpose consumer credit legislation document.

(2024) Contracts of Insurance Bill submission

The Financial Services Federation (“FSF”) is grateful to the Finance and Expenditure Select Committee (“the Committee”) for the opportunity to respond on behalf of our members to the proposed Contracts of Insurance Bill (“the Bill”) which recently passed its first reading.

(2024) Reserve Bank of New Zealand Depositor Compensation Scheme Regulations Consultation

The Financial Services Federation (“FSF”) is grateful to the Reserve Bank of New Zealand (“the RBNZ”) for the opportunity to respond on behalf of our members to the depositor compensation scheme regulations consultation (“the Consultation”).

(2024) Commerce Commission's Personal Banking Services Market Study Submission

The Financial Services Federation (FSF) is grateful to the Commerce Commission (ComCom or the Commission) for the opportunity to respond to its draft report on the market study into personal banking services (draft report).

(2024) Financial Markets Authority's Fair Outcomes Submission

The Financial Services Federation (“FSF”) is grateful to the Financial Markets Authority (“the FMA”) for the opportunity to respond on behalf of our members to the fair outcomes for consumers and markets consultation draft (“the Guide”).

(2023) Reserve Bank of New Zealand Interim Solvency Standard submission

The Financial Services Federation (“FSF”) is grateful to the Reserve Bank of New Zealand (“the RBNZ”) for the opportunity to respond on behalf of our members to the consultation on the proposed second amendment of the Interim Solvency Standard (“the ISS”).

(2023) Deposit Takers Act Proportionality Framework submission

The Financial Services Federation (“FSF”) is grateful to the Reserve Bank of New Zealand (“RBNZ”) for the opportunity to respond on behalf of our members to the consultation on the Proportionality Framework for Developing Standards under the Deposit Takers Act (“the Consultation”). By way of background,

(2023) Commerce Commission Inquiry into Personal Banking Services submission

The Financial Services Federation (FSF) is grateful to the Commerce Commission (ComCom or the Commission) for the opportunity to respond to its Preliminary Issues paper (the Paper) on the market study into personal banking services.

(2023) Consumer Data Right Legislation submission

Submission on the Customer and Product Data Bill