Regulatory Alerts2022-05-17
NBDT Consultation Paper - Liquidity Policy
The Reserve Bank of New Zealand issued this consultation paper to gather submissions on proposed liquidity regulations for non-bank deposit takers under the Reserve Bank of New Zealand Amendment Act 2008. The document outlines three primary policy options: maintaining the current status quo, prescribing a standardized measurement framework for trustees to apply, or imposing precise quantitative liquidity requirements across the sector. These proposals aim to address liquidity risks arising from diverse business models and recent financial stress while ensuring consistency and financial system stability.
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