Exposure draft of the Deposit Takers Bill

Release date
06/12/2021
Supplementary page

Status: open

Consultation period: 10 weeks

We have published an exposure draft of the Deposit Takers Bill for public consultation in December 2021. The exposure draft is a preview of the Bill for stakeholder feedback before it is introduced to Parliament. 

Exposure draft of the Deposit Takers Bill (PDF 965KB)

We have prepared an explanatory note for the exposure draft to help stakeholders interpret and navigate the draft Bill. The note provides a high level summary of the exposure draft and draws readers’ attention to some questions we are particularly interested in industry’s views on, for example, about the implementation of the Depositor Compensation Scheme.

Explanatory notes of the Exposure Draft (PDF 734KB)

Have your say

The consultation is open from 6 December 2021 to 21 February 2022. You can submit by sending an email to [email protected], or a hard copy to:

David Hargreaves
Manager, Policy Projects
Financial System Policy and Analysis Department
Reserve Bank of New Zealand
PO Box 2498
Wellington 6140

After the consultation is closed, we will carefully consider the feedback from stakeholder and revise the Bill as appropriate.

Go the Deposit Takers Act page for more details of the development of the Bill