Regulatory Alerts2025-01-14
How we regulate and supervise banks
The prudential supervisor monitors the financial safety and stability of banks under the Banking (Prudential Supervision) Act 1989. New Zealand registered banks are required to formally report material breaches of key prudential requirements to the regulator. The document outlines the oversight powers, policy development work, and legislative guidance used to regulate the banking sector.
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Banks
We are the prudential supervisor of banks, which means we monitor banks’ financial safety and stability.
Published:
Kei tēnei wāhanga
In this section
How we oversee banks
Information on our powers under the Banking (Prudential Supervision) Act 1989 to register and supervise banks.
Material breaches of key bank prudential requirements
We require New Zealand registered banks to formally report breaches of their key prudential requirements to us.
Our policy work for bank oversight
An overview of our work developing new policies, regulations, legislation and guidance for the regulation and supervision of New Zealand banks.