Regulatory Alerts2026-02-03
RBNZ Risk Management Thematic Report
The Reserve Bank of New Zealand conducted a thematic review of risk management practices across nine deposit takers to inform upcoming regulatory standards and uplift sector capability. The review found that while larger entities generally demonstrated more mature risk frameworks, all participants required improvements in areas such as independent framework reviews, proactive risk identification, and the independence of assurance functions. The regulator issued specific recommendations for deposit takers to maintain comprehensive, forward-looking risk management frameworks and robust governance structures ahead of the Risk Management Standard taking effect in 2028.
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