Regulatory Alerts2022-05-17
Suitability Notice Template for Senior Officers under the Non-Bank Deposit Takers Act 2013
The Reserve Bank of New Zealand issues this template to facilitate suitability assessments for directors and senior officers of Non-bank Deposit Takers under the Non-Bank Deposit Takers Act 2013. The form requires detailed personal and professional information from the officer, alongside a certification by NBDT directors confirming the individual does not raise specific suitability concerns defined in the 2014 Regulations. Submission of this completed notice, including consent for credit and criminal history checks, is mandatory for NBDT licence applications.
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