Insurance Industry says policyholder guarantee scheme unnecessary, and other news
Fidelity Life launches ‘Mark It’, a marketing and communications resource, and other news

Legal and regulatory update for the life and health insurance sector

23 May 2022 – The Council of Financial Regulators posted brief comment and links to the Environment Ministry releases on New Zealand’s first Emissions Reduction Plan and the consultation being undertaken on the Draft National Adaptation Plan, with the consultation closing on 3 June 2022. https://www.cofr.govt.nz/

24 May 2022 – RBNZ published its feedback to responses received on its Insurance (Prudential Supervision) Act (IPSA) 2010 Policyholder Security consultation. https://www.rbnz.govt.nz/news/2022/05/insurance-policyholder-protection-consultation-helps-shape-future-policy

24 May 2022 - As part of Privacy Week 2022, the Office of the Privacy Commissioner joined Charities Services on a webinar called ‘Privacy 101 for Charities’. https://privacy.org.nz/blog/privacy-101-for-charities-a-recap/

24 May 2022 – The FMA held a webinar presentation for the financial services industry on the steps intended to be followed by the FMA to develop Conduct of Financial Institutions (CoFI) Intermediated Distribution Guidance.

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