Summary of a new Reserve Bank of New Zealand paper : Overview of New Zealand financial sector regulation

Release date
Vol. 66. No. 3. September 2003
Geof Mortlock
In the March 2003 issue of the Bulletin, we ran an article explaining the Financial Sector Assessment Programme (FSAP) and noted that New Zealand will be undergoing an FSAP assessment later this year. The FSAP assessment will take place in October and November this year and will involve a team of foreign officials, led by the International Monetary Fund, assessing various aspects of New Zealand’s financial system. This will include an evaluation of much of the financial sector regulatory framework, particularly banking supervision and securities market regulation.