The RBNZ emphasised the need to take a collective approach and for the firms it regulates to pay close attention to climate-related risks.
March 30, 2021The RBNZ will likely use prudential tools such as the LTV limits, bank stress testing, and capital requirements to deter certain types of mortgage lending.
March 3, 2021Commercially and personally sensitive information may have been accessed by malicious attackers who accessed a third-party file-sharing service used by the RBNZ.
January 11, 2021RBNZ has started reporting its own verified carbon footprint in its annual report, and is working on integrating climate risks into its supervision frameworks.
October 30, 2020To avoid individual liability, leaders along all Three Lines of Defence must identify indicators of non-financial risk that permit “upstream” interventions, say Stephen Scott and Mark Cooke.
August 3, 2020The Bill focuses on reforming RBNZ’s overall institutional, governance, accountability, and funding arrangements, effectively updating 30-year-old legislation.
July 30, 2020The RBNZ will direct the additional funding towards its supervisory and enforcement capability, technology infrastructure and security architecture.
June 28, 2020The RBNZ's bond-buying programme will be capped at NZ$60bn, up from the NZ$33bn announced in March. Government inflation-indexed bonds are also now included.
May 14, 2020The government will progress a number of key 'in-principle' decisions of the review by enacting two separate Acts to replace the Reserve Bank of New Zealand Act 1989.
December 23, 2019New Zealand's big four banks will have to increase capital to 18% of RWAs, and smaller banks to 16% of RWAs. Seven years will be given to implement the changes.
December 6, 2019