Tag: climate_related_disclosures
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FMA Grants Interim Relief on Climate Reporting for Health and Life Insurers
New Zealand's FMA offers 'no action' relief to health and life insurers on climate reporting, pending legislative changes. This move aims to reduce compliance costs as the government plans to remove these entities from the CRD regime.
BusinessPolitics and GovernmentEconomyLegalGeneral PoliticsClimate Change Financial Markets AuthorityClimate ReportingHealth InsurersLife InsurersRegulatory ReliefClimate Related DisclosuresNZ Financial Markets Authority
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FMA Report Reveals Progress and Gaps in Climate Disclosures
New Zealand's Financial Markets Authority released its 2026 Climate-related Disclosures report, noting improved reporting but emphasizing the need for better identification and assessment of climate-related physical risks. FMA plans webinars and workshops to support entities.
BusinessPolitics and GovernmentEconomyEnvironmentEducationGeneral Politics FMAClimate-related Disclosuresphysical risksclimate changefinancial reportingregulatory reviewNZ Financial Markets Authority