Regulatory Alerts2022-02-27
Added · Updated
Bank registration application
The Reserve Bank of New Zealand outlines the criteria and principles for assessing applications for bank registration under the Banking (Prudential Supervision) Act 1989. Any person whose business substantially involves borrowing or lending money may apply, subject to qualitative assessments of financial standing and quantitative evidence of prudent management. Overseas applicants must secure home supervisor approval and comply with their home jurisdiction's prudential requirements to operate branches in New Zealand.
More like this from RBNZ
RBNZ published 6 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share