Regulatory Alerts2022-05-17
2020.07.01 AMPL_exemptions for website (Draft)
The Reserve Bank of New Zealand issued this draft document to outline the operating model and exemption conditions for AMP Life Limited and Resolution Life New Zealand Limited. The structure establishes a corporate framework ensuring capital and assets remain in New Zealand under local management to secure equity for policyholders. Key governance mechanisms include a local trustee, a Policyholder Advisory Committee, and an Independent Actuary to provide oversight and advice regarding New Zealand policyholder interests.
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