Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Better cross-border protection for consumers

Better cross-border protection for consumers

Minister of Consumer Affairs, Judith Tizard, welcomes the development of OECD guidelines to protect consumers from cross-border fraud and deceptive practices.

“The guidelines, which governments of OECD member countries including New Zealand have agreed on, lay the groundwork for real improvements in cross-border consumer protection,” said Judith Tizard. “They provide a basis for enhanced co-operation between enforcement agencies, and are a significant step forward in achieving common approaches to consumer law.

“The development of the guidelines is a significant achievement because of the very different approaches OECD countries take to consumer protection and enforcement. New Zealand, through the Ministry of Consumer Affairs, has taken an active role in the development of these guidelines.”

The way is now paved for New Zealand to look at the benefits of implementing the guidelines and how to go about it, says Judith Tizard.

Increasing cross-border trade, and e-commerce in particular, means it is more important than ever for consumer protection enforcement agencies to work together. The guidelines establish a common framework to develop closer, faster, and more efficient co-operation among consumer protection enforcement agencies.

Pyramid and lottery schemes, travel and credit-related ploys, and high-tech scams such as modem and web page hijacking are some examples of the types of frauds perpetrated across national borders. In addition to injuring consumers these practices harm legitimate businesses and reduce consumer confidence in the global marketplace.

“New Zealand consumers are as likely to be the victims of scams as consumers anywhere else in the world. Most scams are operated offshore, which can result in money leaving New Zealand’s economy,” said Judith Tizard.

Cross-border fraud operators strike quickly, victimise thousands of consumers in a short period of time and then disappear along with the proceeds of their frauds. They are able to escape prosecution in many cases because law enforcement agencies often cannot pursue them across national borders or share evidence with other national agencies.

The OECD guidelines will help governments work together more effectively to stop and prevent these operators harming consumers.

“Both the Ministry of Consumer Affairs and the Commerce Commission will look at how they can use the framework that the guidelines provide, in their future consumer protection work, which in turn will help give consumers more confidence in their cross-border transactions,” says Judith Tizard.

The full text of the OECD Guidelines for Protecting Consumers from Fraudulent and Deceptive Commercial Practices Across Borders is available on the OECD’s website at http://www.oecd.org/sti/crossborderfraud

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news