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Regulatory & Government

ICA backs NSW Labor's proposed flood resilience package

25 July 2022

The Insurance Council of Australia says NSW Labor’s plan to invest $225 million in flood protection schemes in Western Sydney is a “welcome first step” towards securing adequate community resilience...

AFCA to host member forum

25 July 2022

Australian Financial Complaints Authority Chief Ombudsman and CEO David Locke will provide an update on major projects and initiatives underway at a two-day virtual forum this week...

icare targets relief for flood-hit areas

18 July 2022

Five northern NSW local government areas affected by this year’s flooding catastrophe will benefit from fast-tracked eligibility applications for home building compensation insurance...

AFCA expands internal leave scheme

18 July 2022

The Australian Financial Complaints Authority has announced extensions to its parental leave policy and the introduction of gender affirmation leave for its employees...

FMA confirms new enforcement head

11 July 2022

New Zealand regulator the Financial Markets Authority has promoted Acting Head of Enforcement Margot Gatland to the position permanently...

APRA finalises cyclone pool standard amendments

04 July 2022

The Australian Prudential Regulation Authority has finalised capital adequacy standard amendments required as a result of the new government-backed cyclone reinsurance pool for northern Australia...

Queensland Government backs building regulator reforms

04 July 2022

The Queensland Government has accepted recommendations that aim to improve the performance of the state building and construction industry regulator, while also underscoring its disaster resilience role...

NZ review recommends class action reforms

04 July 2022

A New Zealand Law Commission report has proposed that new class actions legislation should be developed to improve access to justice, with the review unconvinced about adverse implications for insurance...