RBNZ governor Adrian Orr says the sector has failed to demonstrate the necessary urgency and prioritisation to provide effective governance and monitoring of conduct risk.
September 18, 2019FMA chief executive Rob Everett and RBNZ governor Adrian Orr have confirmed that all banks have committed to removing sales incentives for frontline staff and their managers.
June 25, 2019Fitch Ratings says its assessment of New Zealand's largest banks could change if capital requirements become so onerous as to cause their Australian parents to divest.
April 8, 2019KPMG's John Kensington says the proposal to raise bank capital requirements could stress the lending market. RBNZ's Adrian Orr defends the plan, but vows to remain "open-minded".
February 15, 2019