Legal and regulatory update for the life and health insurance sector

23 June 2021 - Minister of Commerce and Consumer Affairs, Hon David Clark, May 2021 diary released with the following potential financial services sector related meetings noted:

  • 6 May 2021 – Paymark (Maxine Elliott CEO and Pip White, General Counsel)
  • 6 May 2021 – Buy Now Pay Later group meeting (Shaun Quincey – Lattitude Innovation Holdings Ltd; Michael Saadat – Afterpay Ltd; Gary Rohloff – Laybuy Holdings Ltd; Julian Grennell – Zip Co Ltd; Chris Lamers, FlexiGroup NZ Ltd; Ed Bunting, Openpay Ltd)
  • 12 May 2021 – Securities Industry Association (David Fear, Jarden, SIA Chair; Managing Director, Head of Wealth & Markets; Neil Paviour Smith, Forsyth Barr, Managing Principal; David Lane, UBS New Zealand , Managing Principal and Head of NZ Equities; David Roberton, Macquarie Securities, Managing Principal and Head of NZ Equities; Gareth Stratton, ASB Securities, Managing Principal and General Manager; Tim Kiefte, Craigs Investment Partners, Head of Advisory; Craig Patrick, JBWere, Managing Principal; Warren Couillault, Hobson Wealth Partners, Chief Executive Officer, Managing Principal; Anthony Sabiston, Somerset Smith Partners, Managing Principal; Bridget MacDonald, SIA , Executive Director)
  • 12 May 2021 - ANNOUNCEMENT: Merchant Service Fees (Greg Harford, CE, Retail NZ)
  • 12 May 2021 – IAG NZ (Craig Olsen, CE IAG NZ; Blair Williams, General Counsel and Executive General Manager External Relations; Bryce Davies, Executive Manager Corporate Relations)
  • 28 May 2021 – Tower Insurance (Blair Turnbull, CEO Tower insurance; Michelle James, MD Tower Direct; Ron Mudalair, Chief Underwriting Officer)

23 June 2021 – Reserve Bank of NZ Bill second reading completed in Parliament.