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financial systems

Money Laundering Bill Passed By Parliament

Money Laundering Bill Passed By Parliament
Wellington, Oct 15 NZPA - A bill that boosts measures to counter money laundering by criminal gangs and organised crime was passed into law today.

Reserve Bank Reports $906m Annual Net Profit

Reserve Bank Reports $906m Annual Net Profit
Wellington, Oct 9 NZPA - The Reserve Bank's (RBNZ) annual net profit rose about 70 percent to $906 million from $535m a year earlier, while its dividend to the Government almost quadrupled to $630m from $168m.

Bill Will Bring In New Measures To Combat Terrorist Financing

Bill Will Bring In New Measures To Combat Terrorist Financing
Wellington, June 25 NZPA - A bill to enhance measures to counter money laundering and the financing of terrorism was introduced to Parliament today.

Stimulus Package To Inject $7 Billion Into Nz Economy

The Government's December stimulus package will inject about $7 billion into the economy over two years, Finance Minister Bill English said today.

Economic Stimulus Will Inject About $7 Billion Into NZ Economy

Economic Stimulus Will Inject About $7 Billion Into NZ Economy
By Ian Llewellyn of NZPA Wellington, Nov 26 NZPA - The Government's December stimulus package will inject about $7 billion into the economy over two years, Finance Minister Bill English said today.

NZ Financial And Payments System Holds Up Well - RB

NZ Financial And Payments System Holds Up Well - RB
Wellington, Nov 12 NZPA - While turmoil reigns in world financial markets, the Reserve Bank is making reassuring comments that this country's financial and payments systems have held up well.

South Island Index Shows Bigger NZX Companies There Are Hurting

South Island Index Shows Bigger NZX Companies There Are Hurting
Wellington, Oct 21 NZPA - South Island listed companies have run out of steam, succumbing to the worldwide upheaval in financial markets, according to a "South Island Index" issued today.

National Calls For Joint Approach On Bank Protection

National Calls For Joint Approach On Bank Protection
The National Party is offering to work with the Government on ways to protect the banking industry during the international financial crisis.