Legal and regulatory update for the life and health insurance sector
Quality Product Research: addition of specific injury insurance rating

Legal and regulatory update for the life and health insurance sector

18 May 2022 – RBNZ published its “Enforcement Principles and Criteria Guidelines”, which are the foundation of its enhanced enforcement framework. https://www.rbnz.govt.nz/news/2022/05/rbnz-strengthening-enforcement-framework

18 May 2022 – NZX gave notice of changes to the NZX Listing Rules, approved by the Financial Markets Authority (FMA) on 5 May, 2022, as well as updates to three Guidance Notes and also a Practice Note dealing with the Issues of Warrants, with all of the changes and updates coming into effect on 17 June 2022. https://www.nzx.com/announcements/392278

18 May 2022 – Commerce Commission advised that, under the new Retail Payment Systems Act 2022, the Mastercard and Visa credit and debit card networks will be the initial focus of the Commerce Commission’s work to promote competition and efficiency in the retail payment system. https://comcom.govt.nz/news-and-media/media-releases/2022/mastercard-and-visa-networks-will-be-initial-focus-for-commission-under-new-act

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