Mosaic shares insights into what the regulator is expecting from the industry

February 2023
Mosaic

Mosaic hosted a table at the FSC January event which gave some good insights into what the regulator is expecting from the industry and how they intend to engage.

Of particular note:

  • Conduct is a culture not a tickbox compliance exercise
  • Conduct outcomes need to be driven by a comprehensive programme across all facets of the business and these need to be tested over time
  • Investment in systems and process to drive good outcomes will be in the spotlight – “operational issues” are governance issues
  • While NZ probably leads on climate disclosure we probably lag on conduct

View the slideshow on Linkedin