Information release: Background materials

The Reserve Bank of New Zealand has released background materials along with its response to submissions on the fourth and final consultation paper, 'How much capital is enough?'. The release of background papers includes information that was considered during the final stages of the Capital Review. It includes advice considered by the Reserve Bank's Financial Stability Committee during the decision-making stages of the Review, other relevant analysis carried out by the Reserve Bank, and reports to the Minister of Finance.

  Note: some files are quite large, please take this into account before downloading.

All of the sections cited in the redactions are references to the Official Information Act. Material redacted under s 18(c)(i) has been withheld because releasing the information would be contrary to s 105 of the RBNZ Act.

Part 1-9 Topics covered Date
Part 1 (PDF 6.5MB)  Updated final report of NGO workshop - Page 1 16 May 2019
Final report from bank capital hui 5 June 2019 - Page 3 5 June 2019
Update for bank director workshop - slides - Page 7 6 June 2019
Recent external developments on bank capital – FSC info paper - Page 11 3 July 2019
Capital Review overview for TTBC - slides - Page 15 July 2019
Sapere comments on interest rate impact - Page 23 28 July 2019
Briefing for meeting with Minister of Finance – internal memo - Page 40 31 July 2019
Part 2 (PDF 7.7MB) Decision-making approach – FSC info paper - Page 1 14 August 2019
Next steps with External Experts – FSC decision paper - Page 6 20 August 2019
CRISP spreadsheet model – FSC info paper - Page 10 27 August 2019
APRA rule changes and the Capital Review – FSC info paper - Page 13 27 August 2019
APRA rules changes and the Capital Review – slides - Page 18 27 August 2019
Non-core issues – FSC decision paper - Page 36 27 August 2019
Part 3 (PDF 8.7MB) Draft CBA and next steps – FSC info paper - Page 1 11 September 2019
Publishing the External Experts reports – FSC info paper - Page 6 11 September 2019
Levelling the playing field for mortgages – FSC info paper - Page 11 10 September 2019
Updated interest rate impact – FSC info paper - Page 15 10 September 2019
Definition of Capital – FSC decision paper - Page 17 20 September 2019
Companion paper for the definition of Capital – FSC info paper - Page 29 20 September 2019
Public workshop project – FSC decision paper - Page 47 20 September 2019
Impact on the agriculture sector – BSG info paper - Page 50 24 September 2019
Part 4 (PDF 4.5MB) Leverage ratio requirements – FSC decision paper - Page 1 9 October 2019
CCyB background and feedback – FSCinfo paper - Page 6 9 October 2019
Denominator decisions – FSC decision paper - Page 11 9 October 2019
Role of incentives – FSC info paper - Page 21 23 October 2019
DSIB buffer requirements – FSC info paper - Page 29 23 October 2019
Part 5 (PDF 9.2MB) Setting the CCyB – FSC decision paper - Page 1 7 November 2019
DSIB buffer calibration – FSC decision paper - Page 13 7 November 2019
RIA and CBA update – FSC info paper - Page 20 7 November 2019
Reverse stress tests – FSC info paper - Page 25 7 November 2019
RIA and CBA – slides - Page 33 7 November 2019
Tier 2 – slides (BSG) - Page 38 8 November 2019
Reverse stress tests – slides - Page 55 7 November 2019
Part 6 (PDF 13.4MB) Tier 1 – FSC info paper - Page 1 22 November 2019
Tier 2 – FSC info paper - Page 8 22 November 2019
Draft RIA and CBA – FSC info paper - Page - 14 22 November 2019
Response to External Experts – FSC info paper - Page 22 22 November 2019
Capital stack options – FSC decision paper - Page 26 22 November 2019
Transitional arrangements – FSC decision paper - Page 34 22 November 2019
Implementation and next steps – slides - Page 46 22 November 2019
Interest rate impact for CBA – internal memo - Page 59 14 November 2019
Part 7 (PDF 10.3MB) Capital Review final decisions – slides - Page 1 22 November 2019
Financial ecosystems – slides - Page 65 23 October 2019
Part 8 (PDF 7.6MB) Final report from Kantar - Page 1 4 October 2019
Kantar presentation - Page 27 6 September 2019
Discussion note - Page 93 28 July 2019
Draft runsheet - Page 102 August 2019
Focus group RFQ - Page 107 4 June 2019
Part 9 (PDF 6.5MB) Impact on the agricultural sector – slides - Page 1 31 July 2019
Cover sheet for agriculture slides - Page 10 29 July 2019
Bank capital: issues, processes, next step - Page 12 5 August 2019
Rural engagement - Page 19 26 August 2019
External Experts - Page 22 23 September 2019
Capital Review and bank resolution - Page 28 26 September 2019
Deposit insurance and capital requirements - Page 30 27 September 2019
Rural outreach - Page 43 4 November 2019
Final decisions - Page 50 26 November 2019
Final decisions – slides - Page 58 3 December 2019