Regulatory Alerts2022-05-17
Reserve Bank of New Zealand NBDT Regulatory Stocktake Update
The Reserve Bank of New Zealand issued this update to outline its Regulatory Stocktake of prudential requirements for Non-Bank Deposit Takers, aiming to enhance clarity and consistency without altering fundamental standards. Key regulatory changes include increasing the credit rating exemption threshold to $40 million and initiating reviews of capital and liquidity requirements in 2016 and late 2015 respectively. The document also details plans to improve policy transparency through website enhancements and a new email list serve, while declining to modify related party exposure limits at this time.
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