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Insights from FMA's Research on Fairness in Financial Services
The Financial Market Authority recently released a research paper, Understanding Fairness in Financial Services.
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Mosaic
Perspective
Cut over to BAU and Red Panda reflexes
The Red Panda has one of the best startle reflexes in the animal kingdom. A close second might be bank middle management
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Sustainability
Perspective
Climate Change Adaptation Strategies will be at the heart of transition planning
Adaptation Strategies will be at the heart of transition planning, which will be a hot topic this year.
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GRC
Risk
ABA releases strategic review into Australia’s Consumer Data Right (CDR) regime
The Australian Banking Association ("ABA") recently released the findings of a strategic review undertaken by Accenture
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GRC
Compliance
FMA Financial Advice Provider Monitoring Insights Report
The FMA recently released their FAP Monitoring Report. We've summarised the report themes and provide recommendations.
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Insurance
Perspective
Practical considerations of Insurance Contracts reform
The introduction of the Contracts of Insurance Bill dispels the myth that there is a lull in financial services reform.
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Sustainability
Perspective
We cannot do without nature, we are part of it – How Nature-related Disclosures (NRD) can enhance sustainability
Understand Nature-related Disclosures (NRD) – the next frontier in sustainability reporting.
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Funds
Perspective
Leaving it to the professionals, some liquidity risk management free rein
The FMA recently released their updated liquidity risk management (LRM) guidance for managers and supervisors of
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Sustainability
Perspective
Climate-Related Disclosure, Early Insights and Observations
Our world is changing. The introduction of disclosure requirements related to climate, for certain entities, aims to
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Technology
Perspective
Open Banking's Promise and Perils
Open Banking, a vision set into motion in 2015 by the PSD2 (Revised Payment Service Directive), aimed at reshaping the
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Technology
Perspective
Taming complex data and related analysis
The standards developed by the External Reporting Board (XRB) for the Climate-Related Disclosures (CRD) mandate the
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GRC
Conduct
Conduct Impacts on Funding and Delivery Decisions
Financial institutions across New Zealand are going through licensing for the Conduct of Financial Institutions (CoFI).
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Technology
Perspective
Let’s start with the stick figure!
Business design. Or business architecture. This is to be celebrated as a means resolving that actual business problem
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Funds
Perspective
FMA consults on proposed liquidity risk management
Three months ago, I posted some comments regarding an FCA publication on liquidity risk management for fund managers.
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GRC
Conduct
Enhancing Customer Trust through Effective Remediation
When it comes to business, trust is everything. Trust builds strong customer relationships, fosters brand loyalty and
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Banking
Perspective
A view on the market study into Personal Banking Services in NZ
On August 10th, the Commerce Commission released the “Preliminary Issues Paper” on the Market study into Personal Bankin
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GRC
Conduct
The death of CoFI? But do principles ever die?
At the Financial Services Council conference last week, the National Party made a policy announcement stating that if
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Banking
Perspective
Simplified view of the Deposit Takers Act
Deposit Takers Act 2023 diagram – The challenge of meeting the technical requirements to effectively implement a Deposit
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Banking
Perspective
RBNZ releases first stage of public consultation on Deposit Takers Act 2023
The Reserve Bank of NZ (RBNZ) has released the first stage of public consultation on the Deposit Takers Act 2023
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Banking
Perspective
ISO20022 – More than a Compliance Project?
Unless they have been living under a rock for the last five years, every person remotely involved in global payments
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Banking
Perspective
The New Deposit Takers Act has been passed...we can sleep easy soon!
We can sleep easy soon… the New Deposit Takers Act has been passed, and the Deposit-takers Compensation Scheme
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