Legal and regulatory update for the life and health insurance sector
11 Mar 2025 - Assistant Governor/General Manager Information, Data and Analytics Kate Kolich will be leaving RBNZ at the end of March 2025. https://www.rbnz.govt.nz/hub/news/2025/03/general-manager-information-data-and-analytics-departs
13 Mar 2025 - The FMA publishes speech by Craig Stobo to the Institute of Directors and New Zealand Initiative. https://www.fma.govt.nz/library/speeches-and-presentations/speech-by-craig-stobo-to-the-institute-of-directors-and-nz-initiative/
13 Mar 2025 - Final report on the 2023/24 Annual review of the Pharmaceutical Management Agency (PHARMAC) was published by the Health Committee. https://selectcommittees.parliament.nz/v/6/c493f47b-6545-4a41-1243-08dd61b37e3c
14 Mar 2025 - The FSC publish their March 2025 Regulatory Forecast, available to FSC members.
17 Mar 2025 - The Police’s Financial Intelligence Unit have released the latest National Risk Assessment for 2024. https://www.police.govt.nz/sites/default/files/publications/fiu-nra-2024.pdf
17 Mar 2025 - The RBNZ has welcomed the release of the latest National Risk Assessment (NRA) from Police’s Financial Intelligence Unit. The report assesses threat and sectoral vulnerability, exploring their impact on money laundering and terrorism financing risk and proliferation financing in New Zealand. https://www.rbnz.govt.nz/hub/news/2025/03/reserve-bank-supports-the-release-of-the-new-zealand-national-risk-assessment
17 Mar 2025 - The FMA are considering a class exemption to provide relief from certain reporting, audit and assurance obligations under the Financial Markets Conduct Act 2013 and the Financial Markets Conduct Regulations 2014 for registered Managed Investment Schemes that are in wind-up. Consultation closes 12 May 2025. https://www.fma.govt.nz/business/focus-areas/consultation/consultation-proposed-reporting-audit-and-assurance-exemptions-for-schemes-in-wind-up/