All of our branches in Auckland are closed this weekend. Normal hours will resume on Monday 8th March with Level 2 social distancing measures in place in Auckland. Thanks to everyone for their patience and understanding during the past week.
The Westpac NZ QFE Group is a Qualifying Financial Entity which means it takes responsibility for the financial adviser services provided by its employees and maintains procedures to meet its obligations under the Financial Advisers Act.
Certain interest rate benchmarks are subject to on-going international and other regulatory guidance and proposals for reform (Reforms). The interest rate benchmarks which are the current subject of Reforms include the U.S dollar LIBOR, British pound sterling LIBOR, Swiss Franc LIBOR, Japanese Yen TIBOR, EUR LIBOR, EURIBOR and Euroyen TIBOR (IBORS).
Any change in the performance of an IBOR benchmark or its discontinuation could have a material adverse effect which may materially impact the economics of transactions that have a nexus with IBOR benchmarks. Disclosure relating to the potential discontinuation of Interbank Offered Rates (including LIBOR) can be accessed using the links provided.
The links listed link to a Product Disclosure Statement and a ranking diagram issued by Westpac New Zealand Limited under the Financial Markets Conduct Act 2013, these documents have been lodged on the Disclose Register. You can obtain copies from the Disclose Register, or by clicking on the links.