Cautions and notices

Oct 2021 Insurance

We are changing the implementation date of the Interim Solvency Standard from 1 January 2022 to 1 January 2023.  This will give insurers more time to develop their systems and processes.

More information can be found on the Review of the Insurance Solvency Standards page.

Oct 2021 Banks

The new capital adequacy framework took effect on 1 October 2021.

See the Capital requirements for banks in New Zealand page for more information

Sep 2021 Banks

We have published our findings from a Thematic Review of banks’ compliance with our liquidity policy (BS13 and BS13A).

Read the liquidity thematic review report

Aug 2021 Insurance

New IPSA review consultation

The Reserve Bank has released a consultation paper as part of the ongoing review of the Insurance (Prudential Supervision) Act 2010. This consultation is on Policyholder Security. This document can be found on the IPSA Review page.

Feedback on the consultation paper is encouraged. A webinar will be held to discuss the consultation at 10am on Wednesday 15 September 2021. To express your interest in attending the webinar, please subscribe to our mailing list. An invite will be sent to our Insurance mailing list closer to the date.

Aug 2021 AML-CFT

The AML/CFT supervisors have extended the submission date for the Annual AML/CFT Report 2021 to 30 September

• Extension of Submission Deadline: Annual AML/CFT Reports 2021 (PDF 551KB)