Regulatory Alerts2022-05-17
Reserve Bank of New Zealand Appointed Actuary Thematic Review Notification and Section 121 Notice
The Reserve Bank of New Zealand has selected the insurer for an in-depth thematic review of the appointed actuary regime to assess its practical effectiveness and identify potential improvements. The regulator requires the submission of completed insurer and appointed actuary surveys, along with specific recent documents, by 7 June 2019 via a secure upload facility. Following this data collection, the Reserve Bank will conduct desk-based analysis and hold meetings with key personnel between August and October before publishing a final report in early 2020.
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