Financial Sector Assessment Programme
The International Monetary Fund (IMF) undertook a Financial Sector Assessment Programme (FSAP) for New Zealand in 2016, with the findings and recommendations released in May 2017. An FSAP is a comprehensive review of a country’s financial system, with a particular focus on the quality of financial sector regulation. The previous New Zealand FSAP was conducted over 2003-04.
The 2016 New Zealand FSAP included a review of the Reserve Bank’s set of financial sector responsibilities, as well as an assessment of changes in New Zealand’s approach to securities and market conduct regulation.
Go to the International Monetary Fund's website
20 July 2017
11 May 2017
IMF releases individual FSAP reports:
- Detailed assessment of observance - Basel core principles for effective banking supervision (PDF 1.5MB)
- Detailed assessment of observance - Insurance core principles (PDF 1.1MB)
- Technical note: Stress testing the banking sector and systemic risk analysis (PDF 2.1MB)
- Technical note: Macroprudential institutional framework and policies (PDF 622KB)
- Technical note: Regulation and oversight of Financial Market Infrastructures (PDF 1.1MB)
- Technical note: Contingency planning and crisis management framework (PDF 869KB)
- Technical note: Fund management - Regulation, supervision and systemic risk monitoring (PDF 539KB)
9 May 2017
- IMF Report: New Zealand Financial System Stability Assessment (PDF 1.6MB)
- IMF releases FSAP findings and recommendations
- News release from the Minister of Finance’s office
- News release from the Financial Markets Authority