Regulatory Alerts2023-11-29
DTA Industry Engagement
The Reserve Bank of New Zealand outlines its continuous engagement strategy with the deposit-taking industry to develop workable regulations under the Deposit Takers Act. The document details recent workshops and webinars covering key topics such as the resolution framework, licensing transitions, capital requirements, and the Depositor Compensation Scheme. These initiatives aim to gather industry feedback on policy proposals and crisis preparedness standards ahead of the Act's implementation in late 2028.
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