Regulatory Alerts2023-05-31
Standard Conditions of Registration for Registered Banks
The Reserve Bank of New Zealand issues these standard conditions to regulate the registration and ongoing compliance of New Zealand incorporated banks. The document mandates specific capital adequacy ratios, internal capital assessment processes, and strict limits on connected person exposures and non-financial activities. It further enforces rigorous corporate governance standards, liquidity risk management frameworks, and macro-prudential tools such as restrictions on high loan-to-value residential mortgage lending.
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