The thematic review of Bank Conduct and Culture will be available from Monday 5 November 2018. The report will outline the findings from a joint FMA and RBNZ review of the conduct and culture in retail banks operating in New Zealand.
Open Bank Resolution (OBR) is a long-standing Reserve Bank policy aimed at allowing a distressed bank to be kept open for business, while placing the cost of a bank failure primarily on the bank’s shareholders and creditors, rather than the taxpayer.
Provides answers to help banks and the general public understand banking regulation in New Zealand.
Banks news & updates
Apr 2020 Banks
The Reserve Bank has published guidance on the implementation of regulatory capital calculation for the Business Finance Guarantee Scheme (BFGS) by banks operating the Standardised and Internal Ratings Based (IRB) approaches to credit risk, and implementation of the mortgage deferrals programme by banks.
The Reserve Bank is introducing a Term Lending Facility (TLF), a new longer-term funding scheme for the banking system, in support of the Government’s Business Finance Guarantee Scheme to help promote lending to businesses.