Regulations put customer interest at risk says expert

Venkat Raman Although reports on commercial banks in Australia and Life Insurance Companies in New Zealand have raised cudgels against the players in the respective sectors, their strictures will eventually harm customers, an expert has said. He said that ordinary people- Australians and New Zealanders who the regulators such as the central banks and monetary authorities are trying to protect…

Read More

Immigration New Zealand prepares for high-end technology

Immigration New Zealand prepares for high-end technology

Last year, more than 4500 passengers were prevented entry Venkat Raman Immigration New Zealand (INZ) is hoping to improve its border control responsibility and facilitate the travel of ‘genuine passengers’ with ‘Electronic Travel Authority’ (ETA) expected to go online this year. National Manager (Border Operations) Stephanie Greathead said that the new technology will allow INZ to assess and update more…

Read More

Anti-Money Laundering Law extends to Real Estate Agents

Venkat Raman Real Estate Agents in New Zealand must comply with the provisions of Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) Act and follow a more stringent regime of code of conduct and discipline. The AML/CFT (Definitions) Amendment Regulations 2018 came into force on January 1, 2019, which, among other things, provide definition of a customer (client) and the…

Read More

Child Poverty strengthens government’s resolve

Supplied Content The latest report into the impact of poverty on wellbeing of Kiwi children shows why the Government has put children and families at the centre of its programme and will pass an historic Bill to tackle child poverty by the end of the Parliamentary year. The Children’s Commissioner’s Child Poverty Monitor Review this year focused on the impact…

Read More

Bridges says we should not sign Immigration Pact

RNZ Wellington The National Party says that the government should not support a United Nations Migration Pact due to be signed in Morocco this week. At press time, UN-Member States were due to meet in Marrakesh in Morocco to formally approve the non-binding pact, which aims to increase global cooperation over migration issues. National Party Leader Simon Bridges said that New Zealand…

Read More

Jacinda Ardern promises incentives to foster business growth

Entrepreneurs and professionals honoured at our 11th Annual Business Awards Venkat Raman The Coalition Government will provide incentives and continue to encourage businesses to grow and thrive, Prime Minister Jacinda Ardern has said. Speaking at the Eleventh Annual Indian Newslink Indian Business Awards Presentation Ceremony held at SkyCity Convention Centre in Auckland City on Monday, November 26, 2018, she said…

Read More