Legal and regulatory update for the life and health insurance sector
12 Sep 2023 - The Office of the Privacy Commissioner (OPC) is launching its project on children and young people’s privacy. As a first step, professionals who work with children in sectors such as in health, education and social services, non-governmental organisations, and organisations who advocate for children’s rights, are encouraged to take part. OPC will be seeking the views of children, their whānau and wider community early in 2024. https://privacy.org.nz/publications/statements-media-releases/privacy-commissioner-opens-consultation-on-the-children-and-young-peoples-privacy-project/
13 Sep 2023 - RBNZ Assistant Governor Karen Silk gave a speech on the different forms of liquity and the RBNZ's interest in them. https://www.rbnz.govt.nz/hub/news/2023/09/liquidity-one-word-three-meanings
18 Sep 2023 - The Commerce Commission and the Financial Markets Authority have collaborated on a joint message that outlines ways that financial service providers (including consumer lenders) can support customers who are experiencing financial difficulty. It outlines ways providers can be proactive about dealing with customers in financial difficulty, including complying with their regulatory obligations, assigning sufficient resources, and always providing customers with fair treatment. https://www.fma.govt.nz/library/reports-and-papers/supporting-customers-in-financial-difficulty/