2026-07-27
Added · Updated
This document provides a consolidated glossary of abbreviations and defined terms used throughout the Banking Prudential Requirements (BPR) series issued by the Reserve Bank of New Zealand. It establishes the specific meanings of terms such as AT1, CET1, and IRB for the purpose of interpreting requirements and determining compliance with conditions of registration imposed on registered banks. The definitions apply exclusively to BPR-series documents and take precedence over conflicting definitions in other sources, except where specific Orders in Council or legislation prevail.