Regulatory Alerts2022-05-17
Consultation document: Review of the Prudential Regime for non-bank deposit takers
The Reserve Bank of New Zealand invites submissions on a review of the prudential regime for non-bank deposit takers (NBDTs) to assess the effectiveness of current regulations and propose potential changes. The document evaluates three options for the regime's objectives, weighing alignment with the broader financial system against a focus on sector-specific stability and public confidence. It also seeks feedback on refining the definition of NBDTs, supervisory arrangements, prudential requirements, and crisis management powers.
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