Legal and regulatory update for the life and health insurance sector

Written By Kelly O

7 Dec 2023 - The Australian Prudential Regulation Authority (APRA) has published findings of a survey on the sustainability of group life insurance in superannuation, undertaken by a sample of registrable superannuation entity (RSE) licensees, life insurers and reinsurers. https://www.apra.gov.au/news-and-publications/apra-releases-findings-of-survey-on-life-insurance-superannuation

8 Dec 2023 - The FMA has released findings from their annual monitoring of the audit regulatory systems and processes of the New Zealand Institute of Chartered Accountants (NZICA). https://www.fma.govt.nz/library/reports-and-papers/accredited-body-report-new-zealand-institute-of-chartered-accountants/

8 Dec 2023 - The FMA has released findings from their annual monitoring of the audit regulatory systems and processes of CPA Australia.  https://www.fma.govt.nz/library/reports-and-papers/accredited-body-report-cpa-australia/

8 Dec 2023 - The Reserve Bank of New Zealand has reminded retailers to train new cash handlers on fake note detection https://www.rbnz.govt.nz/hub/news/2023/12/reserve-bank-reminds-retailers-to-train-new-cash-handlers-on-fake-note-detection

Kelly O
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