European Commission adopts adequacy decision for the EU-US Data Privacy Framework

Last night, the European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework.
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Revolut has landed in New Zealand

Barbarians at the gate? I have just done a search on “Revolut New Zealand” across Linkedin and this has only 1 mention.
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Meeting Climate Legislative Requirements – Needs to bring a genuine culture and conduct shift

As per the FMA’s latest work programme, two new legislative regimes are coming into effect between 2023 and 2025
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APRA in the process of introducing a new prudential standard

APRA is in the process of introducing a new prudential standard (CPS 230) designed to strengthen the management of
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Risk creep - How risky behaviour spreads

I’ve done a couple of posts recently that highlight the importance of understanding behaviour and how critical it is to
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Applying The Privacy Act 2020 in the Digital Age – Infographic

Mosaic has developed a new Infographic which depicts how the Privacy Act 2020 is applied in the digital age...
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Non-financial risk will be the regulatory theme of the 2020s

As the understanding of and connection between risk management and behavioural science continues to evolve, it will be
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Are you leveraging your licensed supervisor's independent observations, insights, and knowledge?

MIS managers (i.e., boards and senior management), are you leveraging your licensed supervisor's independent observation
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APRA Risk Culture survey results for Banks

In mid-November 2022, APRA released the results from their most recent Risk Culture survey. The survey was provided...
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Looking for CoFI Guidance this Christmas? Watch The Castle – “It’s the vibe of the thing.”

With the FMA recently releasing its Conduct of Financial Institutions licensing materials, it was a timely reminder...
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The Rise of Privacy Tech (TROPT) Privacy Tech Stack Whitepaper 2022

The Rise of Privacy Tech (TROPT) Privacy Tech Stack Whitepaper 2022 is out.
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What COOs will need to succeed in 2023 and beyond

A few years ago EY published a very good piece of research entitled “the DNA of the COO”. It surveyed a large group of
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Pursuing Business Vitality – Get your First Line Assurance sorted and soon!

Financial service businesses across New Zealand face new and unknown risks and, thus, new and untapped opportunities...
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Lessons from LEGO for Risk Management

Lego, the coloured plastic brick, needs no explanation – it has existed for more than 60 years, is in every...
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Good conduct is good business

A UK think tank study in 2014 estimated that between 2010-2014, 25% of UK banks’ (ref. 1) pre-tax profits were...
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Righting the Wrong – Customer Remediation

Remediation best practice and pitfalls are once again in the spotlight with the Commerce Commission’s consultation on...
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Negative thinking: how NZ banks are prepping for sub-zero rates

Even before the global economy went viral this March, the Reserve Bank of NZ (RBNZ) was softening up the market for...
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On being prepared: how BCPs have worked in lockdown

Despite the ever-present threat of pandemics, and a few trial runs (SARS, MERS and Ebola, for example), he said many...
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The Act is here; now for some action

Just a couple of mooring lines remain to be cast off before the Financial Services Legislation Amendment Act (FSLAA)...
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