Regulatory Alerts2023-06-30
BPR110 Capital Definitions Revised for the Mutual Capital Instrument
The Reserve Bank of New Zealand issued BPR110 to define the capital components and eligibility criteria banks must use for calculating regulatory capital ratios. This revised edition introduces specific definitions and eligibility requirements for mutual capital instruments issued by registered banks structured as mutual entities. The document also outlines the phasing out schedule for transitional capital instruments and details deductions from Common Equity Tier 1 capital to ensure accurate capital adequacy assessments.
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