NEW3.03.00 · Released 1 May 2020

NEWfinPOWER Connect

Released in

3.03.00

1 May 2020

1. Opened8 Apr
2. Closed12 Apr
3. Released1 May

Article 16900 Job J024071

New Zealand High-Cost Consumer Credit Contracts; updated Account Warnings script

The Account Warnings object event script has been updated to include warnings related to New Zealand High-Cost Consumer Credit Contracts.

In addition, for New Zealand databases, if the Account is a Consumer Loan, the Regulation Type is NOT defined as "NZ High-Cost Consumer Credit Contract" and it is opened on or after 1 June 2020, and the Total Interest Rate is greater than or equal to 50% a warning is also shown.

The following standard Object Event Script has been updated:

• ObjectEvents_Account_Warnings
• Version: 1.09 (12/04/2020)

The following standard Summary Page block has been updated:

• Account_ConsumerRegulation_NZHCCCC
• Version 1.00, Last updated 12/04/2020