RESERVE BANK OF NEW ZEALAND

AML / KYC

RBNZ Publishes Research Spotlighting Barriers to Bank Account Access

By Thisanka Siripala | 26/03/2025

A survey found that a third of frontline staff report being unable to open a bank account for a customer often or very often.

AML / KYC

New Zealand’s Latest Risk Assessment Will Trigger AML/CFT Programme Reviews

By Nathan Lynch | 20/03/2025

New Zealand’s latest National Risk Assessment should act as a trigger for organisations to review their risk assessments, internal systems and controls, writes Nathan Lynch.

AML / KYC

New Zealand FIU Publishes National Risk Assessment

By Thisanka Siripala | 18/03/2025

While banking remains the highest-risk sector. Money transfer services, VASPs and DNFBPs also highlighted as vulnerable.

Capital / Liquidity

New Zealand Banks Call on Lawmakers to Reconsider Capital Rules

By Sanday Chongo Kabange | 11/03/2025

New Zealand’s large banks have asked lawmakers to consider whether the capital rules set by the RBNZ are too onerous.

Capital / Liquidity

New Zealand: TSB Bank Calls for Fairer Capital Treatment

By Thisanka Siripala | 04/02/2025

TSB Bank executives say the current capital settings prevent smaller banks from competing with large banks

RBNZ Issues First Non-Bank Deposit Taker Licence in 8 Years

By Sanday Chongo Kabange | 10/01/2025

The RBNZ granted the licence to Welcome Limited, which plans to offer higher deposit rates than banks and more flexible mortgage solutions

Capital / Liquidity

RBNZ Amends Interim Solvency Standard for Insurers

By Sanday Chongo Kabange | 13/12/2024

The RBNZ says the amendments will ensure sufficient capital is set aside against pricing risks as well as credit risk on bonds.

RBNZ Calls on Banks to Enhance Financial Inclusion Initiatives

By Sanday Chongo Kabange | 11/12/2024

The RBNZ identified good practices for deposit takers to consider embedding in their current practices to support financial inclusion.

Capital / Liquidity

RBNZ Publishes Results of ‘Digital Cash’ Consultation

By Sanday Chongo Kabange | 11/12/2024

If ‘digital cash’ is introduced, the earliest it would be is 2030. The RBNZ confirmed that issuing physical cash would remain a priority.