RESERVE BANK OF NEW ZEALAND

AML / KYC

Māori Face Persistent Barriers to Capital Access, RBNZ Says

By Mark Johnston | 15/05/2025

RBNZ bulletin highlights persistent financial barriers for Māori entrepreneurs, including land collateral constraints and trust deficits.

Capital / Liquidity

RBNZ Publishes Stress Test Results for Insurers

By Sanday Chongo Kabange | 07/05/2025

RBNZ said policyholder claims would be met in the “seismic” scenario that was tested, demonstrating the resilience that is built into the system.

Big Picture

RBNZ Report Assesses Impact of AI on Financial Stability

By Sanday Chongo Kabange | 06/05/2025

RBNZ’s Kerry Watt said AI’s impact could be positive, especially in enhancing resilience, but it could also introduce or amplify vulnerabilities

Capital / Liquidity

RBNZ Outlines Path Ahead for Deposit Taker Regulations

By Manesh Samtani | 02/05/2025

RBNZ details next steps for new deposit taker rules, including liquidity, disclosure, and depositor compensation. Decisions on capital rules will come later.

AML / KYC

NZ Regulators Consult on Design Approach for Basic Bank Accounts

By Sanday Chongo Kabange | 24/04/2025

The CoFR is seeking input on three main approaches to develop and ensure the widespread availability of basic transaction or bank accounts in New Zealand.

NZ Banking Reform Group Urges FMA to Use New CoFi Powers Against Banks

By Sanday Chongo Kabange | 16/04/2025

The Banking Reform Coalition wants the FMA to force banks to pass lower interest rates to consumers sooner.

AML / KYC

Westpac NZ to Pilot New ‘Basic’ Bank Account Service

By Sanday Chongo Kabange | 15/04/2025

A basic bank account was one of the 2023 recommendations of a 14-month competition study by the Commerce Commission.

Capital / Liquidity

RBNZ Invites Non-Bank Deposit Takers to Apply for ESAS Access

By Sanday Chongo Kabange | 08/04/2025

Non-bank deposit takers can use ESAS for payments and settlements, accessing HQLA, and for earning interest at the OCR.

Capital / Liquidity

RBNZ Agrees to Reassess Bank Capital Requirements

By Sanday Chongo Kabange | 01/04/2025

The RBNZ will engage independent international experts to conduct a reassessment of key its capital settings to help improve bank competition.