The central bank says some banks are waiving interest on loans too generously, a practice which could lead clients to lose interest in timely repayment.
April 29, 2022All domestic and foreign banks are asked to integrate APIs in their workflows for reporting financial statements from January 2023.
March 23, 2022AMC audit committees will have obligations to review findings of suspected fraud, irregularities, internal control failures, and other issues highlighted by whistleblowers.
February 12, 2022From 1 April 2023, all AMCs will be required to prepare the financial statements in accordance with Indian Accounting Standards, known as Ind AS.
February 11, 2022The RBNZ proposes changes to make assurance reports on bank disclosure statements easier to navigate, more readable, and easier to prepare.
January 20, 2022APRA will disclose entity-level financial position and performance data on a quarterly basis in a new publication that will launch in Q1 2023.
September 5, 2021The APIs aggregate financial statement data and make corporate disclosures quicker and easier for developers and third-party services to use
August 23, 2021Relief is provided to listed issuers with unsatisfactory financial conditions or an inadequate level of operations between 1 July 2021 and 31 December 2021.
June 18, 2021The lawsuit claims Deloitte would have detected material misstatements and not issued unqualified opinions if its audits were carried out properly.
June 16, 2021Businesses affected by an auditor shortage in New Zealand will be allowed an additional month to comply with reporting requirements.
June 15, 2021