Regulatory Alerts2022-02-27
Sign off for insurer data returns
The Reserve Bank of New Zealand has finalized changes to the sign-off requirements for insurer data returns following industry consultation. The regulator now mandates that a Relevant Officer sign the Quarterly Insurer Survey and confirm that appropriate internal enquiries have been made to ensure data accuracy. This modified single-signatory approach aims to maintain accountability while avoiding the costs associated with the originally proposed multi-signatory model.
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