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Legal and regulatory update for the life and health insurance sector

30 Oct 2020 – Privacy Commissioner launched the ‘Privacy is precious’ campaign to coincide with Privacy Week, running from 2-6 November 2020. https://www.privacy.org.nz/news-and-publications/statements-media-releases/privacy-is-precious-campaign-for-privacy-week/

30 Oct 2020 - The Privacy Commissioner website was updated with six new Codes of Practice dated 28 Oct 2020 covering:

  • Civil Defence National Emergencies (Information Sharing) Code 2020
  • Credit Reporting Privacy Code 2020
  • Health Information Privacy Code 2020
  • Justice Sector Unique Identifier Code 2020
  • Superannuation Schemes Unique Identifier Code 2020
  • Telecommunications Information Privacy Code 2020

With the Code documents available at https://www.privacy.org.nz/privacy-act-2020/codes-of-practice/

The Privacy Commissioner website also has significant resource material available on the Privacy Act 2020 at https://www.privacy.org.nz/privacy-act-2020/resources/

2 Nov 2020 – FMA released a consultation document on proposed guidance on KiwiSaver fees and value for money, with submissions closing on 14 Dec 2020. https://www.fma.govt.nz/compliance/consultation/consultation-proposed-guidance-on-kiwisaver-fees-and-value-for-money/

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