Financial Integrity System Assessment (FISA) Articles

FISA Self-Assessment joins FISA methodology

9 August 2019

On 2 August 2019, TINZ continued to deploy its Financial Integrity System Assessment (FISA) methodology in launching its voluntary and comprehensive FISA Self-Assessment.

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Launch of the FISA Self-Assessment Tool

8 August 2019

Henry Lynch

Henry Lynch

TINZ Director

Business Integrity and Ethics

The Minister of Finance, Hon. Grant Robertson,  launched the Transparency International New Zealand (TINZ) FISA Self-Assessment tool [insert link] on 2 August 2019 in Wellington. 

This world-first financial tool joins the FISA Assessment Methodology hand book to complete the FISA framework,

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FISA Self-Assessment

8 August 2019

TINZ’s online FISA Self-Assessment is part of an arsenal of TINZ resources designed to safeguard the integrity of our country.

For New Zealand financial services, FISA provides an opportunity to demonstrate its unique features.

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Financial Leaders – FISA is essential to New Zealand

5 July 2019

David McNeill

Henry Lynch

TINZ Director: Financial Sector

Financial sector leaders from around New Zealand gathered in Auckland on 5 June 2019 to launch Transparency International New Zealand’s world-leading method for measuring the robustness of New Zealand’s financial systems. Called the Financial Integrity Systems Assessment (FISA), this approach is the first ever review of a country’s financial systems.

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Financial Integrity System Assessment to Launch in June and July

3 June 2019

Transparency International New Zealand (TINZ)  will roll out its Financial Integrity System Assessment (FISA) in June and July 2019. It is the first ever review of the integrity framework of any country’s financial system. TINZ will lead the review as it is uniquely placed to ensure both independence and objectivity.

The FISA methodology is in its final stage of consultation.

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Building public trust in our financial systems

7 May 2019

Henry Lynch

Henry Lynch

TINZ Director: Financial Sector

This month, a Consumer New Zealand survey, found that only 47% of people surveyed said banks can be trusted and only 35% think banks have their best interests at heart.

It’s not surprising then that about 70% of New Zealanders agree that banks need to be monitored more closely to protect consumers from irresponsible practices.

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Financial Integrity System Assessment Overview

7 May 2019

Suzanne Snively

Chair, Transparency International New Zealand

The New Zealand Financial Integrity System Assessment (FISA) is the first ever review of the integrity framework of any country’s financial system. Transparency International New Zealand (TINZ) will lead the review as it is uniquely placed to ensure both independence and objectivity.

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NZX slamed for lack of transparency

7 August 2018

As a followup to her July Transparency Times article NZX needs transparency and modernisation to support New Zealand’s future TINZ Chair Suzanne Snively was interviewed by the National Business Review. The resulting article is titled Corruption watchdog slams NZX for lack of transparency (N.B. the paywall can be by-passed by one-time registration for free limited weekly access).

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Suzanne Snively ONZM Chair Transparency International New Zealand

NZX needs transparency and modernisation to support New Zealand’s future

14 July 2018

Suzanne Snively ONZM
Chair
Transparency International New Zealand

The New Zealand Stock Exchange (NZX) seems to regard initiatives aimed at enhancing its culture or that of its members, as a low priority. This inactivity and the lack of transparency may be stifling the availability of quality equity capital in New Zealand.

The NZX is not keeping up with the pace of transparency and access compared with exchanges around the world and other segments of New Zealand business and government.

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2017 New Zealand Financial Integrity System Assessment

11 October 2017

Deadline for wider formative consultation
extended to 19 April 2017

Transparency International New Zealand’s (TINZ) 2017 New Zealand Finance Integrity System Assessment (FISA) is the first ever review of the integrity systems of any country's financial system. It covers the Reserve Bank of New Zealand (RBNZ), the Financial Markets Authority (FMA), the Commerce Commission, the Department of Internal Affairs (DIA),

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