All posts tagged "insurance"
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192EnforcementJapan Post to Check 30mn Contracts in Insurance Mis-selling Probe
Up to 183,000 Japan Post customers have been affected by unlawful insurance sales practices over the past five years, double the amount initially found.
August 3, 2019 -
343Australia & NZAustralia Introducing Bill to End Conflicted Remuneration
Draft bill to end unfair terms in insurance contracts released on Tuesday; bill to end grandfathering of conflicted remuneration to being introduced Thursday.
July 31, 2019 -
432Australia & NZFMA to Open Applications for New Adviser Licences in November
Announced last month, the new licensing regime will require financial advisers to operate under a new transitional licence from June 2020.
July 26, 2019 -
566Australia & NZ
New Zealand FMA Sets Out Key Focus Areas, Strategic Objectives
The FMA is prioritising governance, culture, systems and controls, as well as mechanisms to deter misconduct and facilitate informed decision-making by investors and customers.
July 24, 2019 -
1.2KChinaChina Announces 11 Measures to Open Up Financial Sector
The measures ease restrictions on foreign investment in securities firms, asset management companies, FX brokerage, insurance and pension management, among others.
July 22, 2019 -
695EnforcementHKMA Delegated Powers to Inspect Banks’ Insurance Business
The Insurance Authority is delegating inspection and investigation powers to the HKMA in relation to insurance related business conducted by authorised institutions.
July 22, 2019 -
490Australia & NZASIC Proposes Total Ban on Insurance Sales by Phone
ASIC's ban will protect consumers where sales issues and consumer harm have already been identified, ahead of wider legislative reform by the government.
July 22, 2019 -
607EnforcementUPDATED – Japan Post Vows to Compensate Customers for Mis-sold Insurance
Some 93,000 cases were found where customers were left uninsured due to inappropriate sales tactics, paid double premiums, or were denied coverage for paid up insurance policies.
July 12, 2019 -
811ChinaChina to Remove Foreign Ownership Limits a Year Early
Premier Li Keqiang said at the World Economic Forum in Dalian that foreign ownership limits in the financial sector will end in 2020, ahead of schedule.
July 3, 2019 -
463Australia & NZAustralia: New Law Safeguards Super Accounts from Excessive Fees
Australia's government says the new legislation will protect super savings from from being eroded by excessive and unnecessary fees and insurance costs.
July 2, 2019
