Cautions and notices

May 2019 Insurance

Appointed actuary thematic review

The Reserve Bank has published an update on the appointed actuary thematic review.

May 2019 Insurance

SCOR Global Life SE

The Reserve Bank of New Zealand is satisfied that SCOR Global Life SE is no longer carrying on insurance business in New Zealand according to the Insurance (Prudential Supervision) Act 2010 (the Act). At the request of SCOR Global Life SE, the licence issued to it on 8 March 2012 under section 19 of the Act was cancelled on 1 May 2019 pursuant to section 30(1) of the Act.

Apr 2019 Banks

On 8 April 2019 the Reserve Bank published a consultation paper seeking feedback on the proposed framework for identifying domestic systemically important banks (D-SIBs).

Go to the D-SIB consultation page

Apr 2019 AML-CFT

The New Zealand Police have published an update following the Christchurch incident.

Read the New Zealand Police update (PDF 150KB)

Mar 2019 Insurance

In 2019 the Reserve Bank is performing a thematic review of the appointed actuary regime. Any policy changes will require consultation. We will seed feedback on the objectives and a draft plan for the review through open forums in Auckland and Wellington, as well as meetings with key stakeholder groups. The forums are scheduled for:

• Wellington - Tuesday 2 April 1-2:30pm and 3 - 4:30pm at James Cook hotel
• Auckland - Wednesday 3 April 12:30-2pm and 2:30-4pm at the Heritage hotel

If you wish to attend please RSVP by email to insurancethematicreview@rbnz.govt.nz no later than 27 March 2019. Please state who will be attending and which session.