Regulatory Alerts2021-06-16
Response to Submissions: Changes to the Banking Supervision Handbook for Capital Review
The Reserve Bank of New Zealand issued this document to respond to submissions received during the consultation on exposure drafts for the Banking Prudential Requirements. The final decisions implement the December 2019 Capital Review by increasing capital ratios for domestic systemically important banks to 18 percent and other banks to 16 percent. Key changes include extending the implementation timetable to October 2021, modifying the Capital Buffer Response Framework, and replacing specific instrument templates with checklists.
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