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Bureau Director Kraninger calls Berger, discusses CU priorities

first_imgBureau of Consumer Financial Protection Director Kathy Kraninger called NAFCU President and CEO Dan Berger yesterday further building on the ongoing relationship between bureau leadership and NAFCU staff. During the call, Berger congratulated Kraninger on her new role and shared credit unions’ top priorities that specifically concern the bureau.“We appreciate Bureau Director Kathy Kraninger’s interest in issues critical to the credit union industry, and we thank her for the continued focus on protecting consumers,” said Berger. “We look forward to working with Director Kraninger to ensure a healthy regulatory environment in which credit unions can grow, thrive and successfully serve their membership.”NAFCU and credit unions’ priorities were also hand-delivered in a letter to the bureau Tuesday. In the letter, Berger listed the top five tenets the association focuses on throughout the year, including: continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Labour proposes gambling harm changes

first_img3News 4 August 2013Sweeping amendments to crack down on gambling are being proposed by Labour after Government representatives “gutted” a gambling harm bill.Labour’s internal affairs spokesman Trevor Mallard has unveiled a dozen proposed amendments to Maori Party MP Te Ururoa Flavell’s Gambling Harm Reduction Amendment Bill.The Government is backing the bill after the Maori Party agreed to support its Sky City convention centre deal – but Mr Mallard says Mr Flavell’s bill now has no teeth after being watered down by Government MPs at a select committee.It was designed to minimise the harm caused by pokie machines, with provisions relating to the use of technology to limit harm, powers for local authorities, preventing racing clubs from profiting from pokies and changes to the way funds are distributed to communities.Those measures were mostly removed by the commerce select committee and Mr Mallard says the bill now does barely anything to reduce harm.      t;a rel=”nofollow” href=”http://ad.nz.doubleclick.net/jump/3news.co.nz/homepage;sz=300×250;ord=123456789?” target=”_blank”><img src=”http://ad.nz.doubleclick.net/ad/3news.co.nz/homepage;sz=300×250;ord=123456789?” width=”300″ height=”250″ border=”0″ alt=”Ad” /></a>His proposed amendments include:removing all of the commerce committee’s amendments to the billnew funds distribution measures, and restrictions on payments to trustees and directors of gambling organisationsenabling new regulations for a sinking lid on gaming machines to 10,000 by 2025, and for harm-minimisation technologyrestricting gambling hours.http://www.3news.co.nz/Labour-proposes-gambling-harm-changes/tabid/423/articleID/307513/Default.aspxlast_img read more