Wednesday, November 14, 2018

Tag: Kris Faafoi

FMA Calls For More Power Over Bank Conduct 

The Financial Markets Authority has called on the Government to address certain ‘gaps’ in the framework for regulation of banks. In the recently released report...

Minister Faafoi to Open National Advisers Conference 

Financial Advice New Zealand has confirmed that Commerce and Consumer Affairs Minister, Hon. Kris Faafoi, will open its National Advisers Conference next week. The three-day...

Non-Disclosure Tops Life Insurance Complaints

Non-disclosure was the top complaint issue for health, life and disability insurance-related complaints made to the Insurance & Financial Services Ombudsman Scheme (IFSO), in...

Financial Advice NZ Readies New Campaign For Money Week

Financial Advice New Zealand has been preparing for Sorted’s Money Week next week, including a digital/social media campaign and a marketing pack for advisers. Financial...

Minister Faafoi to Address 2018 FSC Conference

The Financial Services Council (FSC) and Workplace Savings NZ have announced Commerce and Consumer Affairs Minister, Kris Faafoi, will be making a keynote presentation at...

MBIE Hints at New Regulator For Insurance Industry

MBIE has hinted at its preference for the establishment of a single entity to regulate the NZ financial services sector. Its issues paper stated: “Taken...

FMA Asks Insurers to Prove Themselves

The FMA has released the letter it has sent to the chief executives of New Zealand’s licensed life insurers, asking them to prove themselves in...

“New Zealand’s Insurance Law is Outdated” Says Minister

Public consultation on New Zealand’s insurance contract law has begun, Commerce and Consumer Affairs Minister, Kris Faafoi, has announced. The Minister said a key consideration...

Minister Calls For Feedback on FSPR Proposals

Commerce and Consumer Affairs Minister, Kris Faafoi, is seeking feedback on a recently released discussion paper containing proposals to help deter the misuse of...

MBIE Seeking Feedback on Disclosure Requirements 

The Ministry for Business, Innovation and Employment (MBIE) has released a discussion paper on disclosure requirements in the new financial advice regime. The proposed regulations...