Regulatory Alerts2022-02-27
Key prudential requirements for banks in New Zealand
The Reserve Bank of New Zealand outlines key prudential requirements for registered banks operating in the country. These regulations mandate strict adherence to capital, liquidity, governance, and disclosure standards, alongside specific rules for credit ratings, outsourcing, and connected exposures. Additionally, large banks with significant retail deposits must comply with open bank resolution pre-positioning requirements and may face macro-prudential measures.
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