WebApr 13, 2024 · The CoFI regime centres around the fair conduct principle. The fair conduct principle is now defined in the FMCA and requires financial institutions to treat consumers fairly. This means: Paying due regard to consumers’ interests. Acting ethically, transparently and in good faith. Assisting consumers to make informed decisions. WebOn July 22 of this year the Reserve Bank of New Zealand (RBNZ) released an Exposure draft of the Interim Solvency Standard. The interim standard is planned to take effect in early 2024 and will be in force until a final Solvency Standard supersedes it following an amendment to the Insurance Prudential Supervision Act (2010) in 2024. Read more
Optus, Medibank and Pinnacle Health: How to respond to a cyber …
WebThe RBNZ is responsible for supervising banks, life insurers and non-bank deposit takers . The RBNZ has stated that its appetite for taking formal enforcement action following … WebApr 6, 2024 · A majority of economists in a snap Reuters poll, 13 of 21, said the RBNZ would opt for one final 25 basis point hike at its next meeting on May 24, taking the official cash rate to 5.50%, a higher ... galaxy samsung watch charger
RBNZ to Deliver a Final 25 Bps Interest Rate Hike in May
WebA reporting entity with a 31 December balance date (i.e., reporting period 1 January to 31 December), would be required to prepare their first climate statement as part of their 31 … WebApr 6, 2024 · A majority of economists in a snap Reuters poll, 13 of 21, said the RBNZ would opt for one final 25 basis point hike at its next meeting on May 24, taking the official cash … Webthe underlying robustness of the entities that have raised it, as well as macroeconomic aspects. As noted elsewhere in this report, the New Zealand banking and corporate sectors are generally in robust financial positions. Overlaying these micro assessments, however, is the fact that New Zealand is potentially exposed to shocks that galaxy s blaze software update