Financial Services Federation - Latest News [Page 1]
Incoming Regulator FMA To Address Lenders For The First Time At FSF’s Conference
Friday, 4 October 2024, 12:45 pm | Financial Services Federation
The change in regulator for consumer credit was announced earlier this year as part of Commerce and Consumer Affairs Minister Andrew Bayly’s vision to streamline the overly-complex regulatory landscape. More >>
Specialist Lenders Welcome New Financial Reforms Announcements
Sunday, 15 September 2024, 11:22 pm | Financial Services Federation
The Financial Services Federation (FSF) welcomes the Government’s announcement on further plans to make it easier for Kiwis to access responsibly-provided credit when they need it. More >>
FSF Marks 100-members Milestone Unconventionally
Wednesday, 28 August 2024, 11:50 am | Financial Services Federation
The Financial Services Federation (FSF) has welcomed social lender Money Sweetspot to its membership, marking 100 members for the first time in the organisation’s 59-year history. More >>
A Step In The Right Direction, But More To Be Done To Fix Lending In New Zealand
Friday, 2 August 2024, 1:49 pm | Financial Services Federation
The FSF is the industry association for non-bank lenders committed to responsible lending, with its members collectively reaching 1.7 million New Zealand businesses and consumers and providing competition to registered banks through their agility ... More >>
Lenders React To New “No Surprises” Lending Code
Tuesday, 2 July 2024, 5:59 pm | Financial Services Federation
The change is part of the Government’s new vision for the regulation of New Zealand’s overly complex financial services sector - one that recognises not all Kiwis are vulnerable consumers. More >>
FSF Responds To The Market Study Into Personal Banking Services - See Submission Highlights
Thursday, 2 May 2024, 7:44 am | Financial Services Federation
“Without sufficient competition and disruption in banking services, New Zealand runs the risk of consumers missing out. We have highlighted our key concerns and recommendations to stop this from happening.” More >>
CCCFA Reforms – A Return To Commonsense
Sunday, 21 April 2024, 2:18 pm | Financial Services Federation
The reforms announced by Minister of Housing, the Hon Chris Bishop and Commerce and Consumer Affairs Minister, the Hon Andrew Bayly, are a welcome return to commonsense and will make credit more accessible for all New Zealand consumers, says the Financial ... More >>
Banking Study Highlights Crucial Role Of Non-bank Lenders
Thursday, 21 March 2024, 11:58 am | Financial Services Federation
The Commerce Commission’s draft report on their market study into banking services has highlighted the crucial role non-bank lenders play in providing competition and innovation for Kiwi consumers. The report’s recommendations to accelerate progress ... More >>
CCCFA Reforms - Good News For Kiwi Consumers, Welcomed By Financial Services Federation
Wednesday, 31 January 2024, 3:17 pm | Financial Services Federation
A new vision for the regulation of New Zealand’s overly complex financial services sector - one that recognises not all Kiwis are vulnerable consumers - is a step in the right direction, says the Financial Services Federation (FSF). The (FSF) is the ... More >>
Financial Services Federation Welcomes Afterpay To Its Membership
Tuesday, 19 December 2023, 9:36 am | Financial Services Federation
The Financial Services Federation (FSF) is pleased to announce Afterpay as a member, the Federation’s only Buy Now Pay Later (BNPL) provider. “We are delighted to welcome Afterpay as our newest member, growing our base of responsible lenders that ... More >>
Turners CEO Todd Hunter Appointed Financial Services Federation Chair
Tuesday, 17 October 2023, 11:05 am | Financial Services Federation
The Financial Services Federation (FSF) is delighted to announce its new Executive Committee, including Turners Automotive Group CEO Todd Hunter as Chair. Following a members’ election, successful candidates were announced at the FSF’s Annual ... More >>
Minister Welcomes Responsible Debt Collection Code
Wednesday, 11 October 2023, 5:47 am | Financial Services Federation
The Financial Services Federation (FSF) has launched the Responsible Debt Collection Code, formalising its members’ commitment to ethical standards of debt collection practices that go beyond what is required of them by law. The FSF is the industry ... More >>
Financial Regulators To Address NZ’s Lending Sector At The FSF Conference + FSF Awards Finalists Revealed
Tuesday, 5 September 2023, 11:39 am | Financial Services Federation
New Zealand’s consumer and business lending sector will come together this month for the Financial Services Federation (FSF) Conference 2023 – “The Social Licence to Thrive”. The focus will be on current and future environment, social, and governance ... More >>
FSF Expands With Business Development Manager Hire
Thursday, 13 April 2023, 12:30 pm | Financial Services Federation
The Financial Services Federation (FSF) has appointed Katharine McGhie to the new role of Business Development Manager. Katharine brings with her a wealth of experience in the association world from her seven years at BusinessNZ, including her current ... More >>
Financial Services Federation Extends Membership To Responsible Brokers
Thursday, 30 March 2023, 10:05 am | Financial Services Federation
The Financial Services Federation (FSF) has announced its decision to extend membership to New Zealand’s responsible broker community. The FSF, which is the voice of New Zealand’s responsible non-bank lending sector, will now be accepting applications ... More >>
Financial Services Federation Urges Kiwis To Be Vigilant As Its Name Gets Used In A Scam
Wednesday, 14 September 2022, 6:14 pm | Financial Services Federation
"We would never ask members of the public for money" The Financial Services Federation (FSF) is urging Kiwis to be vigilant if contacted by anyone claiming to be from the FSF asking for money - it is a scam. The Federation has been made aware ... More >>
Open Letter To Government From Non-bank Lenders: The Path Forward On CCCFA Changes
Wednesday, 19 January 2022, 12:44 pm | Financial Services Federation
Responsible lenders are not interested in telling the Government “I told you so” when it comes to unintended consequences of changes to lending laws that are now causing grief for everyday Kiwis seeking finance. The Financial Services Federation ... More >>
Almost Half Of Personal Lending Financed By Non-banks In NZ, New Data Shows
Friday, 1 October 2021, 9:56 am | Financial Services Federation
New data has revealed that Kiwis are embracing choice when it comes to financial services, with almost half of personal consumer lending in Aotearoa New Zealand being financed by non-bank lenders. The findings were released in the latest Annual Report ... More >>
New Zealand SME’s Better Off As Non-bank Lenders Join The Business Finance Guarantee Scheme
Thursday, 1 April 2021, 1:03 pm | Financial Services Federation
The Financial Services Federation is pleased that New Zealand’s small and medium businesses will be better off with the extension of the Business Finance Guarantee Scheme (BFGS) to non-bank lenders. The Government-backed loan scheme is designed ... More >>
UDC Joins The Financial Services
Wednesday, 30 September 2020, 3:34 pm | Financial Services Federation
The Financial Services Federation (FSF) is delighted to welcome UDC Finance as its newest member – and its oldest – in a record year of membership. The news comes shortly after the completion of the sale of the vehicle and asset finance business ... More >>