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Industry at a Glance 29-Jul-14

31 July 2014

New Zealand Bankers' Association

 

Review 'will improve stock of regulation'
Source: Voxy
Date Published: 22/07/2014

Deputy Governor Grant Spencer this evening released further detail of the Reserve Bank's plan to review prudential regulation, in a speech to the NZ Bankers' Association. The regulatory review was announced on 14 May. 'It is sound practice to review any 


Australian News

 

RBA prepares for yuan's global role
Source: The Australian
Date Published: 24/07/2014

THE Reserve Bank has invested more than $1 billion in China's currency because the internationalisation of the yuan and the accompanying process of capital account liberalisation could be a seismic event in global capital markets, Deputy Governor Philip 

Woolies reminded it isn't a bank
Source: The Age Business Headlines
Date Published: 24/07/2014

Woolworths has been forced to stop using the word ‘‘banking'' in the marketing of its financial services after it attracted attention from regulators.

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