Legal and regulatory update for the life and health insurance sector

11 Mar 2024 - Following consultation and engagement with the deposit taking sector over the past 9 months, the Reserve Bank shares the next iteration of policy proposals for the Depositor Compensation Scheme (DCS) under the Deposit Takers Act (DTA). https://www.rbnz.govt.nz/hub/news/2024/03/new-zealand-one-step-closer-to-depositor-compensation-scheme

11 Mar 2024 - The Reserve Bank of New Zealand is investing in a new Business Expectations Survey, Tara-ā-Umanga, to better understand the economic outlook including the inflation expectations of key decision makers. The new survey will ask six core questions each quarter covering business expectations of: prices, wages, growth, unemployment, the Official Cash Rate, and exchange rates. Occasional and rotating questions will be included in future to support many aspects of our work. Consultation on the proposed sample design and content is open until 28 March 2024. https://consultations.rbnz.govt.nz/data-statistics-analytics/tara-umanga-business-expectations-survey/

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Research database upgrade

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FMA says those with licences unlikely to have to undergo another licencing process