We have announced the outcome of this consultation and 4 banks will have D-SIB status. The details are available on the web page: Requirements for domestic, systematically important banks.
Response to submissions
On 8 August 2019, we published our summary of submissions and individual submissions where consents were provided by the submitters.
Summary of submissions: A framework for identifying domestic systemically important banks (PDF 253KB)
Individual submissions from banks:
ANZ submission D-SIB framework (PDF 228KB)
BNZ submission D-SIB framework (PDF 91KB)
ASB submission D-SIB framework (PDF 156KB)
Kiwibank submission D-SIB framework (PDF 1.6MB)
About the consultation
To complement our ongoing consultation on new bank capital adequacy requirements, we published a consultation paper on a framework for identifying domestic systemically important banks (D-SIBs).
Consultation Paper: A framework for identifying domestic systemically important banks (PDF 870KB)
The proposed framework is aligned with international practice. As per our proposed new capital adequacy proposals, D-SIBs would be subject to a capital surcharge vis-à-vis smaller banks.
The consultation paper sought views on the proposed indicator-based approach for identifying D-SIBs.