COMPLIANCE NEWS – INSURERS
FEBRUARY ISSUE | 2020 This month we look at the new Financial Markets (Conduct of Institutions) Amendment Bill, progress made regarding the review of insurance contract law, advice from MBIE in respect of the new financial advice regime, and the Council of Financial Regulators’ priorities…
COMPLIANCE NEWS – INSURERS
DECEMBER ISSUE | 2019 This month we look at standard conditions to be included in all transitional licences issued to financial advice providers, new information about the Reserve Bank’s visions for the insurance sector, and a proposed new regime for climate-related financial disclosures. We also…
COMPLIANCE NEWS – INSURERS
NOVEMBER ISSUE | 2019 This month we look at regulations issued by the Government to support the new financial advice regime, draft regulations that will implement disclosure requirements for the new financial advice regime, and an announcement of changes to laws against unfair commercial practices….
COMPLIANCE NEWS – INSURERS
OCTOBER ISSUE | 2019 This month we look at the announcement of a new conduct regime for financial services, the Financial Market’s Authority and Reserve Bank’s update on life insurer conduct, and the new Insurance Fraud Bureau. We also provide our general update on relevant…
COMPLIANCE NEWS – INSURERS
AUGUST ISSUE | 2019 This month we look to the information which has recently been provided about transitioning to the new Financial Advice regulatory regime, the outcome of an independent review of the Reserve Bank’s supervision of CBL Insurance Limited, an update on the Financial…
COMPLIANCE NEWS – INSURERS
JULY ISSUE | 2019 This month we look at the new Tribunal instituted by the Canterbury Earthquakes Insurance Tribunal Act 2018, transitional licencing under the new financial advice regulation regime, and New Zealand banks’ commitment to removing sales-based incentives for frontline staff. We also provide…
COMPLIANCE NEWS – INSURERS
JUNE ISSUE | 2019 This month we look at the recently released Code of Professional Conduct for Financial Advice Services, a decision to censure an authorised financial adviser by the Financial Advisers Disciplinary Committee, consider a financial service provider found guilty for holding out registered…
COMPLIANCE NEWS – INSURERS
MAY ISSUE | 2019 This month we look at changes to the financial advice regime as a result of the Financial Services Legislation Amendment Act 2019, the Options Paper released by the Government on conduct of financial institutions, the submissions sought by the Government on…
TRADE ASSOCIATION NEWSLETTER
FIRST BIANNUAL | 2019 In this edition we look at upcoming changes to employment law which may affect your business, the new initiative by the Accident Compensation Corporation (ACC) for small-to-medium sized businesses, and the Government’s focus on unfair commercial practices. CHANGES TO EMPLOYMENT LAW…
COMPLIANCE NEWS – INSURERS
APRIL ISSUE | 2019 This month we look at the progress made by the Financial Advice Code Working Group, what the Government wants disclosed by financial advisers as part of the new financial advice regime, and the review of Fire and Emergency New Zealand’s funding…
COMPLIANCE NEWS – INSURERS
MARCH ISSUE | 2019 This month we look at the Government’s intention to take action against sales incentives in the insurance sector, the passing of the Earthquake Commission Amendment Act 2019, and the proposed new financial advice regime and how it will affect your organisation. …
COMPLIANCE NEWS – INSURERS
FEBRUARY ISSUE | 2019 This month we look at the report released by the Financial Markets Authority and Reserve Bank of New Zealand from their review of conduct and culture in New Zealand life insurers, the update on the insurance industry from the Reserve Bank…