Regulatory Alerts2011-12-31
Memorandum of Understanding on Information Exchange and Collaboration between the Reserve Bank of New Zealand and The Treasury
The Reserve Bank of New Zealand and The Treasury established this Memorandum of Understanding to define principles for collaborative policy advice on macroeconomic and financial system matters. The document delineates specific advisory roles, assigning the Treasury as the lead advisor on fiscal and broader economic policy while the Bank leads on monetary policy and prudential supervision. It mandates regular information sharing, joint crisis resolution coordination, and structured meetings to ensure transparent and effective governance of financial stability and regulatory impacts.
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