Legal and regulatory review for the life and health insurance industry

Nov 2021 - The International Organization of Securities Commission released its final report titled “Recommendations on Sustainability-Related Practices, Policies, Procedures and Disclosure in Asset Management. https://www.iosco.org/library/pubdocs/pdf/IOSCOPD688.pdf

12 Nov 2021 – Department of Internal Affairs released a document on its website dated August 2021 titled “DIA’s approach to regulation of anti-money laundering and countering financing of terrorism”. https://www.dia.govt.nz/diawebsite.nsf/Files/AML-CFT-2021/$file/DIA's-approach-to-regulation-of-AMLCFT-12-Nov-2021.pdf


Legal and regulatory review for the life and health insurance sector

24 Feb 2021 – Trustees Executors’ newsletter advised of the recent publication of a final report by the Board of the International Organization of Securities Commissions (IOSCO) outlining nine sound practices for retail investor complaint procedures in financial markets.  The January 2021 IOSCO report is titled “Complaint Handling and Redress System for Retail Investors”. https://www.iosco.org/library/pubdocs/pdf/IOSCOPD670.pdf

25 Feb 2021 – Government and RBNZ announcements that the RBNZ is now required to consider the impact on housing when making monetary and financial policy decisions. https://www.beehive.govt.nz/release/reserve-bank-take-account-housing-decision-making