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Showing posts with label Financial risks. Show all posts
Showing posts with label Financial risks. Show all posts

Monday, February 2, 2026

Benjamin Liu: NZ’s finance industry is required by law to treat customers fairly....


– but how do we define ‘fair’?

Most of us would agree fairness is a good guiding principle in life. Actually defining and applying it in the law, however, isn’t quite so simple.

Since March last year, New Zealand’s financial sector – including banks, insurers and credit unions – has been governed by the Conduct of Financial Institutions regime.