The RBNZ is consulting on governance, risk management, accountability for key officers, supervisory oversight, and data disclosures.
November 17, 2022A coding error caused NAB-owned Bank of New Zealand to report incorrect locations to the FIU for around 50,000 domestic physical cash transactions.
July 11, 2022The RBNZ expects banks to continue to be prudent in determining the appropriate size of dividends paid to their shareholders.
June 3, 2022The RBNZ says Westpac NZ has improved its liquidity risk management and risk culture by improving resourcing and governance.
May 31, 2022The enforcement principles guide RBNZ's investigation and enforcement strategy. The enforcement criteria help determine the appropriate enforcement response to non-compliance.
May 20, 2022ANZ has "invested heavily" in its director attestation framework remediation uplifted its overall governance capabilities.
March 31, 2022The RBNZ has launched a new register to improve transparency about material breaches of key prudential requirements by banks.
March 24, 2022Mutual banks are currently unable to issue CET1 capital instruments, making it difficult for them to raise loss-absorbing capital, restricting their lending growth, and impairing their ability to compete.
March 18, 2022The interim standard will come into force on 1 January 2023. The RBNZ is also consulting on the penalties and enforcement tools it has available for supervising insurers.
March 11, 2022The paper asks for initial views on whether the RBNZ should consider adopting the BCBS liquidity framework, and whether its proposed principles for the review are appropriate.
March 1, 2022