Our Statement of Prudential Policy sets out our approach to how we make prudential policy.
What we consider when we develop prudential policy
We consider a broad range of factors in developing prudential policy:
- changes in international standards and best practice
- issues raised by industry and other stakeholders, including the Council of Financial Regulators
- emerging risks and trends.
You can find more information about our approach to policy-making in our statement of policy-making approach.
Statement of policy-making approach (PDF 552 KB)
Our Competition Assessment Guidelines for Prudential Policy outline how we consider competition and ensure we factor competition into our policy analysis from the outset.
Competition Assessment Guidelines for Prudential Policy (PDF, 697KB)
Financial Policy Remit
We have regard to the Financial Policy Remit issued by the Minister of Finance. The Remit sets out things the Minister considers desirable for us to take into account in pursuing our financial stability objectives and how we perform our functions as a prudential regulator and supervisor.
Our Financial Policy Remit from the Minister of Finance
We apply the Ministry for Regulation's model for good regulatory practice wherever possible, as well as our Regulatory Impact Analysis (RIA) framework.
We consult and engage widely with industry and the public, other regulators and government agencies, both domestically and internationally.
Quick guides to good regulatory practice | Ministry for Regulation