Regulatory Alerts2026-07-27
Added · Updated
BPR110 Capital Definitions
This document establishes the definitions and eligibility criteria for calculating total capital and its components, specifically Common Equity Tier 1, Additional Tier 1, and Tier 2 capital, for registered banks in New Zealand. It mandates specific deductions from capital bases, such as for goodwill, deferred tax assets, and holdings of own shares, and sets out the phase-out schedule for transitional capital instruments issued before July 2021. The rules apply to all registered banks for determining compliance with capital adequacy ratios and buffer requirements under the Banking (Prudential Supervision) Act 1989.
Topics
Share