Regulatory Alerts2022-02-27
Reserve Bank of New Zealand Statement of Prudential Policy
The Reserve Bank of New Zealand issued this Statement of Prudential Policy to outline its regulatory and supervisory framework for registered banks, licensed insurers, non-bank deposit takers, and financial market infrastructures. The document details the Bank's approach to policy-making, risk-based supervision, and enforcement actions aimed at maintaining financial system stability and protecting depositors and policyholders. It further describes the Bank's commitment to collaborative engagement, modernizing its regulatory tools, and implementing significant legislative changes including new prudential standards and resolution frameworks.
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