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Deposit Takers Act

Deposit takers will be regulated under the Deposit Takers Act, currently planned for 2028. This section contains information on the policy, regulatory development and implementation of the Deposit Takers Act (DTA) and the Depositor Compensation Scheme (DCS).

Published:

30 November 2023

Updated:

17 April 2025

In this section

Kei tēnei wāhanga

DTA timeline

See an indicative implementation timeline for the Deposit Takers Act.

Overview of the Deposit Takers Act

The Deposit Takers Act will protect deposits and increase the stability of our financial system.

Regulatory framework

Find out more about the regulatory environment under the Deposit Takers Act 2023.

Industry engagement

Find out how we work with the industry on DTA and DCS initiatives and how you can collaborate.

Deposit Takers News

Access the archive of our Deposit Takers News newsletter and media releases.

DTA proactive releases

Read the materials we have proactively released on the Deposit Takers Act since 2021.

Crisis management

We are updating New Zealand’s crisis management framework under the new regime in the Deposit Takers Act 2023.

Background and purpose of the DTA

The Deposit Takers Act is the final piece of legislation arising from the Review of the Reserve Bank.

DTA questions & answers

Common questions about the DTA purpose, standards, supervision and next steps.

Depositor Compensation Scheme (DCS)

From 1 July 2025, the DCS covers you up to $100,000 if your deposit taker fails, when your money is held in DCS-protected accounts.

Learn more

Consultation hub

Citizen Space has information on our Deposit Takers Act (DTA) and Depositor Compensation Scheme (DCS) consultations. We look forward to your input.

Visit the hub