Completed policy development
In late 2014, the Bank published a consultationed on options for possible changes to the threshold for qualifying for an exemption from the credit rating requirement.
Legislation to further tighten the rules for Non-Bank Deposit Takers (NBDTs).
A review of the treatment of charitable and religious organisations under the non-bank deposit takers regime.
Proposal to the Cabinet Economic Growth and Infrastructure Commitee that regulations be made under the Non-bank Deposit Takers Act 2013 to exclude certain entities from the prudential regime for non-bank deposit takers.