The BSP says the higher caps will cushion the impact of inflationary pressure and interest rate hikes on banks and credit card issuers.
January 27, 2023The changes will draw fresh capital into the fund industry, encourage more competition, and allow easier exits for existing sponsors.
January 18, 2023The proposals include a new best execution regulatory framework, a new order competition rule, and requirements for brokers to provide better disclosures on execution quality.
December 18, 2022Deutsche Bank and Rabobank traders allegedly exchanged commercially sensitive information and coordinated pricing and trading strategies on government bonds.
December 13, 2022The reforms will promote digital marketing and sales channels, product innovation, and ease insurance asset management rules to enable more efficient portfolio management.
November 27, 2022In this webinar, we discuss the risks BigTechs pose to financial stability, key considerations for policymakers, and regulatory approaches for addressing BigTech risks.
November 25, 2022The banking industry will be the first sector in New Zealand to implement a Consumer Data Right mechanism, like in Australia.
November 17, 2022The platform will allow borrowers to compare interest rates offered by lenders and transfer their loans based on repayment costs.
November 16, 2022The ACCC says consumer and competition harms across a range of digital platform services are "widespread, entrenched, and systemic".
November 14, 2022The RBNZ plans to publish an issues paper on the potential need to regulate private cryptoassets early next month.
November 11, 2022