Observations
Dec 12, 2022New Zealand's Financial Markets Authority (FMA) has issued guidance materials and information sheets on the new Conduct of Financial Institutions (CoFI) regime. Backed by the Financial Markets (Conduct of Institutions) Amendment Bill, the new regime will require banks, insurers, and non-bank deposit takers to be licensed based on how they treat consumers. CoFI is expected to come into force in early 2025.
Compendium
May 16, 2021For the second year Starling offers its Culture and Conduct Risk Regulatory Landscape, summarizing in chart form the various culture and conduct-related strategies and initiatives pursued by leading global regulators and supervisors. Our intent is to provide a framework for a broadly objective means to summarize approaches that regulators and supervisors have taken across their respective jurisdictions—one which permits for a trend-line comparison. ... cont
