Financial holding companies can use their statutory surplus reserves or capital reserves to pay cash dividends, subject to meeting certain requirements.
Lenders will apply an additional "stress interest rate" when calculating the debt service ratio for variable rate loan products from 26 February.
The RBNZ says DTI restrictions will allow the central bank to loosen the LVR settings without increasing risks to financial stability.
Foreign firms asked the regulator to ease rules that require mandatory real-name verification of clients and regulatory screening for capital reductions.
Banks will have to repatriate funds from their offshore units by the end of 2024 and only rely on foreign funding sources for these units moving forward.
The revised rules, effective from 1 February 2024, will allow a more comprehensive and integrated way of managing counterparty credit risks, the FSC said.
Chinese banks securitised a record amount of bad loans in 2023 amid a property slump and economic slowdown.
Starting April, lenders can impose reasonable penal charges only on the amount of loan under default in a non-discriminatory manner as per their board approved policy.
OCC to introduce new short-term liquidity rules for larger and midsize banks and promote the use of the Fed's discount window.
The central bank proposes higher liquid assets for housing finance companies, smaller aggregate deposits, and permission to issue co-branded credit cards with banks.
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