Regulatory Alerts2022-05-17
Response to submissions on the new macroprudential framework
The Reserve Bank of New Zealand issued this document to address feedback received on its proposed macroprudential policy framework and instruments. The Bank confirms its mandate to promote financial system soundness and outlines the use of tools such as the countercyclical capital buffer, core funding ratio adjustments, sectoral capital requirements, and loan-to-value ratio restrictions. It clarifies that while these measures may indirectly support broader economic goals, they are strictly for financial stability and will primarily be applied broadly rather than through targeted regional or borrower exemptions.
Share