2024-06-26
The Reserve Bank of New Zealand issued BPR100 to establish capital adequacy requirements and registration conditions for locally-incorporated registered banks. The document mandates minimum capital ratios, including a 9% total capital ratio, and defines calculation methodologies for risk-weighted assets and capital buffers. It further imposes distribution restrictions on CET1 and AT1 capital when buffer levels fall below specified triggers and requires banks to maintain robust internal capital assessment processes.