disclosure
Banks, insurers, NZX-listed companies and fund managers among those to be required to report on climate risk under new regime to be overseen by the FMA
15th Sep 20, 9:00am
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Banks, insurers, NZX-listed companies and fund managers among those to be required to report on climate risk under new regime to be overseen by the FMA
RBNZ's Toby Fiennes says bank Dashboard to be reviewed, with cyber and climate related risks to feature, and insurance and non-bank deposit taker dashboards remain on the agenda
4th Aug 20, 10:02am
RBNZ's Toby Fiennes says bank Dashboard to be reviewed, with cyber and climate related risks to feature, and insurance and non-bank deposit taker dashboards remain on the agenda
Craig Fisher analyses the 2020 BlackRock letter to CEOs, explains why it is important, and why everyone should consider how the issues raised impact them and respond appropriately
10th Feb 20, 11:31am
9
Craig Fisher analyses the 2020 BlackRock letter to CEOs, explains why it is important, and why everyone should consider how the issues raised impact them and respond appropriately
CBL shareholders seek redress for failure of the $747 million company; Harbour Asset Management and Argo Investments to lead class action against former directors
18th Oct 19, 2:41pm
2
CBL shareholders seek redress for failure of the $747 million company; Harbour Asset Management and Argo Investments to lead class action against former directors
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
11th Jul 19, 7:22am
8
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
Fund manager who held major CBL stake contrasts RBNZ's 'very public discourse' around bank capital requirements with its caution about speaking out about an under-capitalised insurer
5th Jul 19, 11:42am
7
Fund manager who held major CBL stake contrasts RBNZ's 'very public discourse' around bank capital requirements with its caution about speaking out about an under-capitalised insurer
Insurers face 'radical' changes in law changes to update disclosure and contract terms provisions, as well as comprehensibility and comparability of insurance policies
8th May 19, 1:16pm
Insurers face 'radical' changes in law changes to update disclosure and contract terms provisions, as well as comprehensibility and comparability of insurance policies
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
6th May 19, 4:44pm
2
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
1st May 19, 3:04pm
4
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
27th Apr 19, 10:30am
13
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
FMA flags concerns over the disclosures CBL made when it listed on the NZX and around the time it was being probed by the Reserve Bank; CBL's chair and two other directors resign
13th Jul 18, 1:57pm
1
FMA flags concerns over the disclosures CBL made when it listed on the NZX and around the time it was being probed by the Reserve Bank; CBL's chair and two other directors resign
Commerce and Consumer Affairs Minister Kris Faafoi seeks feedback on insurance law revamp that aims to regulate insurers' conduct and better protect consumers who risk having their claims declined due to non-disclosure
22nd May 18, 11:39am
15
Commerce and Consumer Affairs Minister Kris Faafoi seeks feedback on insurance law revamp that aims to regulate insurers' conduct and better protect consumers who risk having their claims declined due to non-disclosure
FMA believes companies should keep updating the market even if they're in voluntary administration; Says its dealings with CBL have prompted it to ask the court for clarity on the matter
18th May 18, 7:20am
FMA believes companies should keep updating the market even if they're in voluntary administration; Says its dealings with CBL have prompted it to ask the court for clarity on the matter
Commerce and Consumer Affairs Minister Kris Faafoi disappointed life and health insurers spent $34m on soft commissions in two years, but won't commit to banning them
17th May 18, 10:59am
16
Commerce and Consumer Affairs Minister Kris Faafoi disappointed life and health insurers spent $34m on soft commissions in two years, but won't commit to banning them
Life and health insurers spend 9% of their sales revenue on soft commissions for the advisers who sell their products; FMA warns of conflicts of interest
16th May 18, 3:00pm
23
Life and health insurers spend 9% of their sales revenue on soft commissions for the advisers who sell their products; FMA warns of conflicts of interest
Banks' attempts to be more customer-centric by changing the way they incentivise staff slammed by union for being superficial; FMA optimistic about impact of financial advice and insurance contracts law changes
3rd May 18, 2:10pm
27
Banks' attempts to be more customer-centric by changing the way they incentivise staff slammed by union for being superficial; FMA optimistic about impact of financial advice and insurance contracts law changes
Govt seeks feedback on what tough disclosure requirements to curb conflicted advice should look like in the absence of a ban of commissions
11th Apr 18, 8:16am
19
Govt seeks feedback on what tough disclosure requirements to curb conflicted advice should look like in the absence of a ban of commissions
FMA sounds alarm bells over commissions paid to financial advisers, but stops short of lobbying the Government to regulate these; says it first wants to try proposals before Parliament to tighten rules around conduct
22nd Mar 18, 1:17pm
4
FMA sounds alarm bells over commissions paid to financial advisers, but stops short of lobbying the Government to regulate these; says it first wants to try proposals before Parliament to tighten rules around conduct
Deloitte review commissioned by RBNZ on the regulator's bank director attestation regime 'being kept confidential'
10th Mar 18, 8:58am
3
Deloitte review commissioned by RBNZ on the regulator's bank director attestation regime 'being kept confidential'
Martien Lubberink says the RBNZ publishing bank stress test results would stimulate public interest in banks more than the RBNZ's Dashboard will
8th Mar 18, 9:27am
Martien Lubberink says the RBNZ publishing bank stress test results would stimulate public interest in banks more than the RBNZ's Dashboard will
Harbour Asset Management values CBL shares last traded for $3.17, at 28 cents; Lloyd's of London to take over CBL contract to underwrite new building warranties
7th Mar 18, 5:00am
4
Harbour Asset Management values CBL shares last traded for $3.17, at 28 cents; Lloyd's of London to take over CBL contract to underwrite new building warranties
Government commits to reviewing archaic laws criticised for putting consumers on the back foot when dealing with insurers
6th Mar 18, 11:47am
3
Government commits to reviewing archaic laws criticised for putting consumers on the back foot when dealing with insurers
EY says it didn't know the Reserve Bank was investigating CBL when it gave the company's founder, Peter Harris, its NZ Entrepreneur of the Year award last year
2nd Mar 18, 11:38am
6
EY says it didn't know the Reserve Bank was investigating CBL when it gave the company's founder, Peter Harris, its NZ Entrepreneur of the Year award last year
CBL Corporation to be in breach of NZX listing rules by not releasing financial results
28th Feb 18, 4:03pm
1
CBL Corporation to be in breach of NZX listing rules by not releasing financial results
Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct
23rd Nov 17, 2:09pm
11
Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct