Commerce and Consumer Affairs Minister David Clark says Aotearoa New Zealand has become the first country in the world to introduce a law that requires the financial sector to disclose the impacts of climate change on their business and explain how they will manage climate-related risks and opportunities.
Commerce and Consumer Affairs
Consumers seeking financial advice can be assured that their interests will be put first under a new financial advice regulatory regime that comes into effect this week, Commerce and Consumer Affairs Minister David Clark said.
“The Government has today announced the list of life-shortening congenital conditions that will guarantee early withdrawal under a new KiwiSaver category created last year,” Commerce and Consumer Affairs Minister David Clark said.
The Government is moving ahead with plans to regulate the bank payment system to make merchant service fees on debit and credit card fees fairer and less of a burden for Kiwis and businesses.
The Government is making sure all consumers who borrow money get the same protections, regardless of where they get their loans.
To assist with the ongoing economic recovery from COVID-19, rules allowing affected businesses to put their debt on hold have been extended by 10 months.
The Government has today launched a market study to ensure New Zealanders are paying a fair price for groceries.