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Media Releases

9 July 2019

FSF is confident that its new suggestion to MBIE will do more to help vulnerable borrowers than the Bill's proposed interest and fees cap or a straight interest rate cap.

4 April 2019

Kiwis seeking financial advice will be able to sleep sounder with the passing of the Financial Services Legislation Amendment Bill.

5 February 2019

"Messages from the Royal Commission are ones that all sectors of financial services providers and indeed all businesses should listen to," FSF.

30 January 2019

"All financial services providers should consider implications of the review" - FSF

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FSF in the News

30 January 2019

NZ Herald, July, 2019

Finance industry wants tougher stance on payday lenders

Pay day lenders should be clearly identified, named on a public register and directors and top executives should have to pass fit and proper tests, says an industry body which represents major finance companies.

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30 January 2019

National Business Review, July 11, 2019

Enforce current loan shark laws, we don't need more

FSF is interviewed on NBR about why blanket caps on interest and fees sound good in theory, but in practice won't do enough to protect vulnerable borrowers

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30 January 2019

NZ Adviser, July 11, 2019

FSF: Interest rate caps won't protect vulnerable borrowers

Federation calls for payday lenders to be specifically outlined in legislation to protect vulnerable borrowers.

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30 January 2019

AutoFile front page, July edition, 2019

Call to delay review of financial sector

FSF says conduct options paper should be postponed until other financial services consultation lands to avoid contradictions or overlap.

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