Regulatory Alerts2018-11-30
Memorandum of Understanding between the Treasury and the Reserve Bank of New Zealand on the Sharing of Prudential Information
The Reserve Bank of New Zealand and the Treasury established this Memorandum of Understanding to govern the sharing of confidential prudential information for financial system stability. The agreement permits the Reserve Bank to disclose sensitive data to the Treasury when necessary for crisis management, provided the Treasury maintains strict confidentiality and limits access to authorized personnel. The Treasury is legally bound to protect this information, consult the Reserve Bank before responding to official information requests, and notify the Bank prior to any compelled third-party disclosure.
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