The Banking Supervision Handbook – banking supervision policy documents and regulations

Objective of the handbook

The objective of this handbook is to provide registered banks, their advisers and other interested parties with an understanding of the Reserve Bank’s banking supervision policy framework.

How do you keep informed of updates to the handbook?

You can subscribe to an email list which will keep you informed of updates to the Banking Supervision handbook. There is no charge for this service.

Recent changes to the Banking Supervision Handbook

Release of a corrected version of the working copy of OIC2 (the second of the disclosure Orders in Council), to take account of an amending Order published in the New Zealand Gazette on 27 March 2008.
Release of BS2B which sets out the internal models based approach for Basel II under the Reserve Bank’s capital adequacy framework, as updated to March 2008 to include some minor technical amendments.
Minor amendments to BS2 (Capital adequacy framework (Basel I approach)), which is now used for setting capital floors for banks adopting the internal models approach for Basel II and for banks that have not yet fully implemented Basel II.
Revisions to BS1, BS4, BS6, BS7, BS7A and BS8 needed as a consequence of the new Reserve Bank capital adequacy framework and disclosure requirements.
Release of working copies of the revised disclosure Orders in Council, following their publication in the New Zealand Gazette.
Revisions to BS10 (Review of Suitability of Bank Directors and Senior Managers) to incorporate changes in procedural requirements.

All document links are to PDF files.

	Section Title	Document Reference	Date of Issue
1.	Statement of principles – bank registration and supervision (PDF 158KB)	BS1	March 2008
2.	Capital adequacy framework (Basel I approach) (PDF 115KB)	BS2	March 2008
3.	Capital adequacy framework (standardised approach) (PDF 358KB)	BS2A	November 2007
4.	Capital adequacy framework (internal models based approach) (PDF 479KB)	BS2B	March 2008
5.	Application for status as a registered bank: Material to be provided to the Reserve Bank (PDF 111KB)	BS3	July 2004
6.	Audit obligations (PDF 35KB)	BS4	March 2008
7.	Money laundering (PDF 24KB)	BS5	August 2003
8.	Market risk guidance notes (PDF 35KB)	BS6	March 2008
9.	Registered bank disclosure regime – overview of Orders in Council and related documents (PDF 22KB)	BS7	April 2008
9.	Registered bank disclosure regime – explanatory information on Orders in Council (PDF 47KB)	BS7A	March 2008
10.	Connected Exposures Policy (PDF 28KB)	BS8	March 2008
11.	Application for consent to acquire or increase significant influence over a registered bank: Material to be provided to the Reserve Bank (PDF 25KB)	BS9	August 2003
12.	Review of Suitability of Bank Directors and Senior Managers (PDF 41KB)	BS10	February 2008
13.	Outsourcing Policy (PDF 45KB)	BS11	January 2006
14.	Guidelines on a Bank’s Internal Capital Adequacy Assessment Process (“ICAAP”) (PDF 49KB)	BS12	December 2007
	Orders in Council
	NZ Gazette of 27 February 2008 and 27 March 2008
	OIC1 Full and Half-year – New Zealand Incorporated Registered Banks Disclosure Order (PDF 535KB)		March 2008
	OIC2 Off-Quarter – New Zealand Incorporated Registered Banks Disclosure Order (as amended) (PDF 299KB)		April 2008
	OIC3 Full and Half-Year – Overseas Incorporated Registered Banks Disclosure Order (PDF 200KB)		March 2008
	OIC4 Off-Quarter – Overseas Incorporated Registered Banks Disclosure Order (PDF 174KB)		March 2008
	OIC4 Off-Quarter – Overseas Incorporated Registered Banks Disclosure Order 2007 (PDF 374KB) (revoked on 30 March 2008, but may be used under a transition provision for disclosure relating to a balance date of 31 March 2008)		March 2007

Contents of the handbook

The handbook contains a number of documents, which explain various aspects of supervision and registration policy. The information in the handbook is updated from time to time.

If you have any queries regarding this handbook, please contact the Records and Administration Officer, Prudential Supervision Department or email rbnz-info@rbnz.govt.nz.

Matters not addressed in the handbook

Registered banks and their advisers are encouraged to make the handbook the first point of reference on specific matters relating to banking supervision. Where a matter is not addressed in the handbook, the matter should be raised with the Bank. In general, the appropriate contact person at the Bank will always be the analyst responsible for the registered bank concerned. Other enquiries should be directed to the Head of Prudential Supervision.