Regulatory Alerts2023-08-24
New Zealand Banking Association Submission on Reserve Bank Exposure Draft BS8 Connected Exposures Policy
The New Zealand Banking Association submitted a formal response to the Reserve Bank of New Zealand regarding the Exposure Draft of the Connected Exposures Policy (BS8). This submission addresses the regulatory framework governing connected exposures within the banking sector as proposed in the draft policy. The document outlines the industry's perspective and feedback on the proposed requirements effective from March 2023.
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