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Our legislation

This page lists all of the primary legislation that provides us with our responsibilities and powers.

Key legislation

Reserve Bank of New Zealand Act 2021

This Act sets out our governing arrangements as well as our objectives and functions, including as the central bank for New Zealand and as a prudential regulator and supervisor under prudential legislation.


Embracing Te Aka Matua - our new Reserve Bank Act 

Reserve Bank Act Review

Read the Act in full:

Reserve Bank of New Zealand Act 2021 | legislation.govt.nz


Deposit Takers Act 2023

 

This Act provides for the licensing, regulation, and prudential supervision of banks and other persons in the business of borrowing and lending money
(deposit takers).

Find out more about our work on the Deposit Takers Act

Read the Act in full:

Deposit Takers Act 2023 | legislation.govt.nz


Anti-Money Laundering and Countering Financing of Terrorism Act 2009

Also known as the AML/CFT Act, one of the purposes of this Act is to detect and deter money laundering and the financing of terrorism.

We are the AML/CFT supervisor for:

  • registered banks
  • life insurers
  • non-bank deposit takers.

We have functions, duties, and powers under that Act.

Read the Act in full:

Anti-Money Laundering and Countering Financing of Terrorism Act 2009 | legislation.govt.nz


Financial Market Infrastructures Act 2021

This Act is about the regulation of financial market infrastructures (such as payment systems, central securities depositories, securities settlement systems, central counterparties, and trade repositories). 


Read the Act in full:

Financial Market Infrastructures Act 2021 | legislation.govt.nz


Non-bank Deposit Takers Act 2013

Man talking on phone looking at laptop

This Act sets out our function to act as the prudential regulator and licensing authority for non-bank deposit takers (NBDTs) and to perform any other functions imposed by or under this Act.


Read the Act in full:

Non-bank Deposit Takers Act 2013 | legislation.govt.nz


Insurance (Prudential Supervision) Act 2010

This Act provides for the licensing, prudential regulation, and prudential supervision of insurers. 

 

Read the Act in full:

Insurance (Prudential Supervision) Act 2010 | legislation.govt.nz