Legal and regulatory update for the life and health insurance sector

3 Oct 2023 - APRA and ASIC have published an information package to support the financial services industry in implementing the Financial Accountability Regime (FAR).  https://www.apra.gov.au/news-and-publications/apra-and-asic-commence-joint-administration-of-new-financial-accountability

3 Oct 2023 - Chapter Zero have prepared governance “outtakes” from the Climate Change and Business Conference https://www.chapterzero.nz/news/the-rise-and-fall-of-nature/

4 Oct 2023 - RBNZ will hold a webinar on the IPSA omnibus consultation and the second amendment of the ISS on Wednesday 11 October from 2pm-3.30pm https://teams.microsoft.com/dl/launcher/launcher.html?url=%2F_%23%2Fl%2Fmeetup-join%2F19%3Ameeting_NTEwM2Y0NzUtNDdkNy00ZTI3LTllNWMtZThmNzE1NjkyZWZl%40thread.v2%2F0%3Fcontext%3D%257b%2522Tid%2522%253a%2522ef09e631-f62d-48d5-8cdb-02f838550358%2522%252c%2522Oid%2522%253a%252214a71e21-4860-48ff-aa34-6bee7649f7a5%2522%257d%26utm_source%3DReserve%2BBank%2Bof%2BNew%2BZealand%26utm_campaign%3D90369ba8a8-EMAIL_CAMPAIGN_2023_09_29_01_45%26utm_medium%3Demail%26utm_term%3D0_-90369ba8a8-%255BLIST_EMAIL_ID%255D%26anon%3Dtrue&type=meetup-join&deeplinkId=ec3e3444-2c30-4367-b073-51e8ff96e3bf&directDl=true&msLaunch=true&enableMobilePage=true&suppressPrompt=true

4 Oct 2023 - FMA publishes final Climate Related Disclosures regime record keeping guidance. The guidance sets out principles and the FMA’s expectations on CREs for creating, keeping, and maintaining proper records as evidence that climate statements comply with the Financial Markets Conduct Act (FMCA) and the Aotearoa New Zealand Climate Standards framework. https://www.fma.govt.nz/news/all-releases/media-releases/fma-publishes-final-climate-related-disclosures-regime/