Regulatory Alerts2022-05-17
Added · Updated
PSD Capital Review: A Tractable Approach to Supervisory Philosophy and Resourcing
The Reserve Bank of New Zealand's Prudential Supervision Division proposes a revised supervisory model that prioritizes regulatory philosophy and risk-based resource allocation over immediate structural changes. The document outlines enhancements to the three-pillar framework, including increased verification, stronger enforcement tools, and simplified capital settings to better align incentives. It further details a staged implementation plan requiring a net increase of 10 to 19 staff to support the transition and achieve a steady-state operational capacity.
More like this from RBNZ
RBNZ published 6 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share