Regulatory Alerts2022-02-27
Bank prudential requirements documents
The Reserve Bank of New Zealand provides a list of bank prudential requirement documents incorporated by reference in Orders in Council to govern disclosure requirements for registered banks. The page details current and superseded versions of eleven specific standards, including capital adequacy frameworks and credit risk guidelines, along with their effective dates and reasons for change. Additionally, the document references external accounting standards from the External Reporting Board that are also incorporated into the regulatory framework.
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Standards and requirements for banks
A list of documents incorporated by reference in the Orders in Council, which govern disclosure requirements for registered banks.
Published:
Last updated:
Bank prudential requirements documents
These documents have legal effect as part of those Orders as provided for by Section 81AA(3) of the Banking (Prudential Supervision) Act 1989 and Schedule 1 of the Non-Bank Deposit Takers Act 2013.
The table below provides current and previous versions of 11 documents from the Banking Prudential Requirements:
Capital Adequacy Framework (Standardised Approach) (BS2A)
Capital Adequacy Framework (Internal Models Based Approach) (BS2B)
Connected Exposures Policy (BS8)
BPR100: Capital Adequacy
BPR110: Capital Definitions
BPR130: Credit Risk RWAs Overview
BPR131: Standardised Credit Risk RWAs
BPR133: IRB Credit Risk RWAs
BPR140: Market Risk
BPR160: Insurance, Securitisation and Loan Transfers
BPR001: Glossary.
This makes available to people preparing and reading bank disclosure statements the versions of documents that were in place at relevant time periods.
These documents date back a maximum of 5 years; the period banks are required to keep a disclosure statement on their websites after publication.
Capital Adequacy Framework (Standardised approach) (BS2A)
Effective dates
Links
Reason for change
1 November 2015 to September 2021
BS2A November 2015 Superseded (PDF 1.3 MB)
Changes for investor property, now replaced by BPRs
Capital Adequacy Framework (Internal models-based approach) (BS2B)
Effective dates
Links
Reason for change
1 November 2015 to September 2021
BS2B November 2015 Superseded (PDF 1.1 MB)
Changes for investor property, now replaced by BPRs
Connected exposures policy (BS8)
Effective dates
Links
Reason for change
1 November 2015 to 30 September 2021
BS8 November 2015 Superseded (PDF 551 KB)
Compendium requirement
1 October 2021 to 30 September 2023
BS8 October 2021 (PDF 70 KB)
Changes for investor property
1 October 2023 onwards
BS8 October 2023 (PDF 679 KB
Align with capital adequacy framework
BPR100: Capital Adequacy
Effective dates
Links
Reason for change
1 October 2021 to30 June 2024
BPR100 Capital adequacy superseded (PDF 1MB)
Capital Review first release
1 July 2024 to present
BPR100 Current version (PDF 652KB)
Amended to incorporate changes to minimum capital ratios and minor edit to update legislative reference
BPR110: Capital Definitions
Effective dates
Links
Reason for change
1 October 2021 to 30 September 2023
BPR110 Capital Definitions Superseded (PDF 1.2 MB)
Capital Review first release
1 October 2023 to present
BPR110 Current version (PDF 1.26 MB)
Amended to incorporate mutual capital instrument
BPR130: Credit Risk RWAs Overview
Effective dates
Links
Reason for change
1 July 2021 to 30 September 2023
BPR130 Credit Risk RWAs Superseded (PDF 907KB)
Capital Review first release
1 October 2023 to 30 June 2024
BPR130 Credit Risk RWAs Overview Superseded (PDF 515 KB)
Amended to incorporate changes to risk weights
1 July 2024 to present
BPR130 Current version (PDF 543KB)
Minor edit to update legislative reference
BPR131: Standardised Credit Risk RWAs
Effective dates
Links
Reason for change
1 October 2021 to 30 September 2023
BPR131 Standardised Credit Risk RWAs Superseded (PDF 1.6MB)
Capital Review first release
1 October 2023 to 31 March 2024
BPR131 Standardised Credit Risk RWAs Superseded (PDF 836 KB)
Amended to incorporate changes to risk weights
1 April 2024 to 30 June 2024
BPR131 Standardised Credit Risk RWAs Superseded (PDF 950 KB)
Minor drafting amendments
1 July 2024 to present
BPR131 Current version (PDF 967 KB)
Amended to clarify treatment of certain exposures
BPR133: IRB Credit Risk RWAs
Effective dates
Links
Reason for change
1 October 2021 to 30 September 2023
BPR133 RB Credit Risk RWAs Superseded (PDF 1.6MB)
Capital Review first release
1 October 2023 to 30 June 2024
BPR133 IRB Credit Risk RWAs Superseded (PDF 910 KB)
Amended to incorporate changes to risk weights
1 July 2024 to present
BPR133 Current version (PDF 1.1MB)
Minor edit to update legislative reference
BPR140: Market Risk
Effective dates
Links
Reason for change
1 October 2021 to 30 June 2024
BPR140 Market Risk Superseded (PDF 1.3MB)
Capital Review first release
1 July 2024 to present
BPR140 Current version (PDF 784 KB)
Minor edit to update legislative reference
BPR160: Insurance, Securitisation and Loan Transfers
Effective dates
Links
Reason for change
1 October 2021 to 30 June 2024
BPR160 Insurance, Securitisation and Loan Transfers Superseded (PDF 859KB)
Capital Review first release
1 July 2024 to present
BPR160 Current version (PDF 527KB)
Minor edit to update legislative reference
BPR001: Glossary
Effective dates
Links
Reason for change
1 July 2021 to 30 September 2023
Glossary Superseded (PDF 970 KB)
Capital Review first release
1 October 2023 to present
BPR001 Current version (PDF 551 KB)
Amended definitions
Print copies of the documents in the tables above may also be inspected free of charge at the Reserve Bank, No 2 The Terrace, Wellington, during normal office hours. We will accommodate reasonable requests for copies of the documents.
Documents of external organisations
The Orders also incorporate by reference the following accounting standards and documents:
New Zealand Equivalent to International Accounting Standard 1– Presentation of Financial Statements (NZ IAS 1)
New Zealand Equivalent to International Accounting Standard 24 – Related party Disclosures (NZ IAS 24)
New Zealand Equivalent to International Accounting Standard 32 – Financial Instruments: Presentation (NZ IAS 32)
New Zealand Equivalent to International Accounting Standard 34 – Interim Financial Reporting (NZ IAS 34)
New Zealand Equivalent to International Accounting Standard 39 – Financial Instruments: Recognition and Measurement (NZ IAS 39)
New Zealand Equivalent to International Financial Reporting Standard 7 – Financial Instruments: Disclosures (NZ IFRS 7)
New Zealand Equivalent to International Financial Reporting Standard 9 – Financial Instruments (NZ IFRS 9)
New Zealand Equivalent to International Financial Reporting Standard 13 – Fair Value Measurement (NZ IFRS 13)
New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting (NZ Framework).
Copies of the accounting standards and of the New Zealand Framework are available free of charge on the External Reporting Board website or may be purchased by emailing enquiries@xrb.govt.nzenquiries@xrb.govt.nz.
External Reporting Board website
Related content
Capital requirements for banks in New Zealand
Changes in 2019 to our new capital adequacy framework have increased the amount of capital registered banks must have and updated the definitions of regulatory capital. The changes will make the banking system safer for all New Zealanders.
Disclosure regime for banks
Requirements for disclosure for New Zealand-incorporated, registered banks in New Zealand.
Connected exposures policy for banks
New Zealand-incorporated registered banks are subject to limits on the level of credit exposure they have to their connected persons.