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Oversight of non-bank deposit takers

How we oversee non-bank deposit takers

This section provides an overview of the non-bank deposit takers (NBDT) regime and obligations under the Non-bank Deposit Takers Act 2013 (the NBDT Act). It also covers declarations and exemptions for NBDTs.

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Overview of a non-bank deposit takers regime

This page explains the role of non-bank deposit takers in the finance system and their obligations under the Non-bank Deposit Takers Act 2013 (the NBDT Act).

Overview of a non-bank deposit takers regime
Overview of a non-bank deposit takers regime

In this section:

Declarations and exemptions for non-bank deposit takers

This section details the exemptions we have granted to licensed NBDTs or their trustees from certain provisions of the NBDT Act or its regulations.

How we exempt non-bank deposit takers

Under Section 70 of the NBDT Act, we have the power to exempt any licensed NBDT, class of licensed NBDT or trustee from any provision of the NBDT Act, except the requirement to be licensed.

Declaration power and considerations for non-bank deposit takers

Declarations clarify the application of the NBDT regulatory regime to specific persons or classes of persons. This page explains how they work and when they can be made.