16 March 2022 - The External Reporting Board has released the second part of the Climate-related Disclosure standards for public consultation. This release focuses on Strategy, and Metrics and Targets which combined, outline how entities need to assess current and future climate risks and opportunities and report on corresponding financial implications. Submissions close on 13 April 2022. https://www.xrb.govt.nz/news/media-releases/
18 March 2022 – All three AML/CFT supervisors and the NZ Police Intelligence Unit published information for AML/CFT reporting entities on what is required of them under the Russia Sanctions Act 2022.
18 March 2022 – The FMA released the independent report on conflict-of-interest processes undertaken by the FMA relating to its former CEO and the advice provided to the Minister of Commerce and Consumer Affairs in relation to the appointment of default KiwiSaver providers in 2021. https://www.fma.govt.nz/news-and-resources/media-releases/conflict-of-interest-processes/
21 March 2022 – Commerce Commission issued a warning to businesses about the consequences of cartels. https://comcom.govt.nz/news-and-media/media-releases/2022/businesses-warned-about-the-consequences-of-cartels