DTA DCS timeline

2023

July

• Deposit Takers Bill passed

August to September

• Consultation on proportionality framework and DCS levy framework (RBNZ), and Statement of Funding Approach (Treasury)

2024

March to May

• Consultation on DTA regulations (tranche 1 - DCS) 

March

• Proportionality framework published

May to August

• Consultation on core standards

August to November

• Consultation on non-core standards
• Consultation on Issues Paper - Crisis Management

By the end of 2024

• DTA regulations (tranche 1) made

2025

Mid-2025

• DCS commences

October to December

• Consultation on exposure draft and guidance of core standards

2026

February to April

• Consultation on exposure draft and guidance of non-core standards

First half of 2026

• Consultation on Crisis Preparedness standard

2027

January

• Core and non-core standards issued
• Consultation on exposure draft of Crisis Preparedness standard

July

• DTA regulations (tranche 2)

January 2027 to July 2028

• Licensing process

2028

July

• All DTA standards commence

Mid 2028

• Crisis Preparedness standard issued

2029

July 

• Legislative backstop

Mid 2029

• Statement of Approach to Resolution published (before the first anniversary of the commencement of subpart 2 of Part 7 of the DTA)