2023-08-24

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.

New Zealand

Reserve Bank of New Zealand

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NEW ZEALAND BANKING ASSOCIATION – TE RANGAPŪ PĒKE PO Box 3043, Wellington 6140, New Zealand www.nzba.org.nz Submission to the Reserve Bank of New Zealand on the Exposure Draft of the Connected Exposures Policy (BS8) 8 March 2023