Westpac
Westpac accepted that it may have contravened fair dealing provisions of the Financial Markets Conduct Act (FMCA) and/or possible breaches relating to consumer credit contracts under the Fair Trading Act (FTA).
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Westpac accepted that it may have contravened fair dealing provisions of the Financial Markets Conduct Act (FMCA) and/or possible breaches relating to consumer credit contracts under the Fair Trading Act (FTA).
Westpac is to pay a penalty of $3.25 million for misleading customers entitled to advertised discounts as well as overcharging some of its business customers.
WESTPAC BANKING CORPORATION (FSP36250) is a licenced Financial Institution.
WESTPAC NEW ZEALAND LIMITED (FSP35681) is a licenced Financial Institution.
The Financial Markets Authority (FMA) and Commerce Commission have formally agreed with Westpac the steps the bank must take to refund fees to some 93,000 customers being overcharged $7 million.
Westpac Banking Corporation, FSP36250, is a licensed derivatives issuer.
The Financial Markets Authority has completed the recruitment of its strategic leadership team with two further appointments reporting to Chief Executive Sean Hughes.
Westpac Banking Corporation is a KiwiSaver exempt employer
Westpac New Zealand Limited is a KiwiSaver exempt employer
Settlement agreement with Westpac New Zealand Limited; Westpac Banking Corporation regarding interest rate swaps sales to certain rural customers, 16 February 2015.
Submission from Westpac New Zealand Limited in response to the Consultation Paper: Practical implications of reporting entities transacting with other reporting entities, 8 Aug 2013