NZ Insurance Prudential Regulation – Unanimous Agreement… at least from the Select Committee

  • Finity

    The Insurance (Prudential Supervision) Bill is continuing its journey through the legislative process with the Finance and Expenditure Committee reporting back to the Hourse. The FEC has recommended that it be passed with a number of amendments to the version first introduced to Parliament.

    Perhaps not surprisingly there appears to have been little contention in the Committee with the Bill largely unchanged. We suspect this is because the Bill is viewed as legislation that is “good governance” and isn’t going to win or lose votes.

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