We sought feedback on an exposure draft of the Credit Contracts and Consumer Finance (Buy Now Pay Later) Amendment Regulations 2022 (the Draft Regulations).
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Exposure draft of Credit Contracts and Consumer Finance (Buy Now Pay Later) Amendment Regulations
Just under $200 million dollars was lost to scams over the last year according to 11 of New Zealand’s largest financial institutions. The figure has been released as MBIE launches Fraud Awareness Week 2023.
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198 million dollars lost to scams in the last year
A former bankrupt has been sentenced to 6 months' home detention and ordered to pay reparations following an investigation by the Ministry of Business, Innovation and Employment’s (MBIE) Integrity and Enforcement Team.
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Former bankrupt fined and sentenced following MBIE investigation
Our Consumer Protection team report quarterly on New Zealand's consumer issues landscape.
The Government is introducing a mandatory standard for unit pricing to help consumers make informed decisions when shopping for the essentials at the supermarket.
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Consultation opens on draft regulations of unit pricing
The Government has announced a final set of changes to the Credit Contracts and Consumer Finance Act (CCCFA) and the Responsible Lending Code to improve safe access to credit for Kiwis. The changes will be applied from 4 May 2023.
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Government announces final changes to the CCCFA Regulations
This study followed a group of over 1,000 adult New Zealanders from March 2021 to March 2022 to track changes in consumer concerns, attitudes and experiences.
The Ministry of Business, Innovation and Employment (MBIE) consulted on options to address safety risks presented by corded window coverings.
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Options to address safety risks of corded window coverings
MBIE is seeking feedback on ways to address safety concerns associated with corded window coverings, such as roller blinds, concertina blinds, Roman blinds and slatted blinds like Venetian blinds.
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Have your say on corded window coverings
The Ministry of Business, Innovation and Employment (MBIE) is asking for feedback on details of the proposed regulations for Buy-Now, Pay-Later (BNPL).
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Consultation opens on Buy-Now, Pay-Later proposed regulations