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3 September 2019
FSF says new proposals to better protect borrowers are a step in the right direction, but more can be done to target predatory lenders causing harm to consumers and tainting the sector.
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.
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.
FSF in the News
4 April 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.
4 April 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
4 April 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.
4 April 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.