2025-05-05

Updated Capital Review Implementation Timeline as at 6 May 2025

The Reserve Bank of New Zealand details the phased implementation of capital review measures affecting domestic systemically important banks through 2028. Key changes include the derecognition of non-qualifying AT1 and Tier 2 instruments, the introduction of dual reporting for IRB banks, and the gradual increase of the conservation buffer from 2.5% to 5.5%. The review of key capital settings is scheduled for completion by the end of 2025 to inform decisions impacting requirements from July 2026 onwards.

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New Zealand

Reserve Bank of New Zealand

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