Regulatory Alerts2023-01-23
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Review of Connected Exposures Policy: Response to Submissions
The Reserve Bank of New Zealand issued this document to finalize amendments to its Connected Exposures Policy following stakeholder consultation. The updated rules remove the gross exposure limit, align the definition of connected persons with the Deposit Takers Bill, and clarify credit risk mitigation eligibility. These changes aim to reduce ambiguity and harmonize the policy with international standards while maintaining net exposure limits to support financial stability.
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