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Legal and regulatory update for the life and health insurance sector

3 Feb 2021 – FMA Chief Executive Rob Everett spoke at the Financial Services Council Outlook 2021 event about a year in review, a look to the year ahead and key learnings from the challenging year that was 2020.

8 Feb 2021 – Government announced that, from 9 Feb 2021, employers can receive a $350 payment if their employees cannot work from home while awaiting a COVID-19 test result.

9 Feb 2021 – RBNZ announced that it is putting in place more stringent loan-to-value ratio (LVR) restrictions. The LVR restrictions do not apply to new residential construction.

9 Feb 2021 – Treasury released the 2021 Budget Policy Statement.

9 Feb 2021 – Minister of Finance speech delivered on the Budget Policy Statement.

9 Feb 2021 – Minister of Health congratulated the inaugural Mental Health and Wellbeing Commission and its board, as the Commission marked its first day as an independent Crown entity.

9 Feb 2021 – The 2021 Parliamentary session commenced today.


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