Financial Integrity System Assessments

2017 New Zealand Financial Integrity System Assessment

Deadline for wider formative consultationextended 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 {read more…}

International Monetary Fund’s 2016 Financial Sector Assessment Program (FSAP) review of New Zealand

In 2016, the International Monetary Fund (IMF) conducted a Financial Sector Assessment Program (FSAP) of New Zealand’s financial system. While the FSAP assessment is centred on different things from Transparency International New Zealand’s Financial Integrity System Assessment (FISA), the FSAP assessment provides an important context for the evidence that will be collected for the FISA. {read more…}

Global Forex code adopted by RBNZ and FMA

The Foreign Exchange (FX) Global Code (Global Code) is a set of global principles of good practice in the foreign exchange market, developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale foreign exchange market. It was developed by a partnership between central banks and Market Participants {read more…}

NZ banking and finance services

Brendon Wilson by Brendon Wilson TINZ Director Writing for Employers and Manufacturers Association BusinessPlus Magazine By world standards, New Zealand’s banking and financial sector is small. Even so, the sector aims to be accessible to its retail and business clients. Australian and New Zealand banks have good credit ratings. The value of these were demonstrated {read more…}

2017 New Zealand Financial Integrity System Assessment

Call for wider formative consultation:2 February – 30 March 2017 Germany’s Deutsche Bank has reached a final settlement with the United States Justice Department based on activities in the sub-prime market that led to the Global Financial Crisis. The amount of over $US9 billion, while nearly equal to health expenditure in New Zealand, is small {read more…}

Banking and Finance System Integrity Assessment

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