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Viewing entries tagged with 'regulation'

Goldsmith, Seymour eye more robust regulatory analysis

24 April 2017

NBR: Regulatory Reform Minister Paul Goldsmith and his under-secretary David Seymour want government officials to provide more robust regulatory analysis under a tighter framework to avoid poor advice typically undermined by seeking a preordained solution. More>  

FMA launches consultation on KiwiSaver fees methodology

12 April 2017

The FMA is consulting on how those fees should be calculated and disclosed. Deadline for submissions is 5 May 2017. More>  

FMA Consultation released: Improving financial information in an equity PDS

12 April 2017

The FMA intends to issue guidance for equity issuers on how to disclose financial information in product disclosure statements (PDS) in a clear, concise and effective manner. It says the guidance will be used as a key reference point for its work and updated as necessary. More>  

No time to legislate Reserve Bank changes

12 April 2017

Interest.co.nz: No possibility of govt legislating before election for 'technical' changes to Reserve Bank operations stemming from Treasury review, PM English says; Joyce requests review on OCR committee, Bank legislation overview. More>  

Reserve Bank updates its assessment of money laundering

10 April 2017

Press release: The Reserve Bank today published an updated assessment of the money laundering and terrorism financing risks that face the financial sector. More>  

Cullen concerned over perpetual saving 'holidays'

7 April 2017

 Stuff.co.nz: Cullen, who as Labour finance minister launched KiwiSaver in 2007, now calls the holiday rule a "kink" in the design of KiwiSaver. More>

FMA's Colmar Brunton research

5 April 2017

 FMA: The FMA commissioned Colmar Brunton to survey New Zealanders aged between 60 and 74 years, to find out their experiences of retirement and how information or advice has helped them manage their retirement savings.  More>

FMA confirms short-term derivatives to be licensed

3 April 2017

The Financial Markets Authority has confirmed that businesses selling short-duration derivatives need to be licensed. The Financial Markets Conduct Act introduced licensing for derivatives issuers in December 2014. More>

RBNZ: Input Sought on Insurer Law Review

31 March 2017

The Reserve Bank of New Zealand has published an issues paper for its review of the Insurance (Prudential Supervision) Act 2010 (IPSA). More>

"Companies Office needs to pull finger and help the FMA"

31 March 2017

Gareth Vaughan argues the Companies Office needs to pull finger and help the FMA out if NZ's reputation is to be protected from association with unsavoury financial service providers. More>