2025-12-15
The Reserve Bank of New Zealand issued this document to define the risk boundaries for administering the Deposit Compensation Scheme under the Deposit Takers Act 2023. It establishes a framework with low risk appetites for operational, levy collection, and fund management activities, while maintaining a medium appetite for risks related to determining depositor entitlements. The statement mandates strict zero-tolerance for fraud and legal breaches, requiring regular monitoring, reporting to Treasury, and biennial reviews to ensure financial stability and depositor protection.