Reserve-Bank-seeks-views-about--capital-adequacy-for-banks

Reserve-Bank-seeks-views-about--capital-adequacy-for-banks

The Reserve Bank today published an issues paper that seeks views about the regulation of capital adequacy for banks.

The Bank is conducting a broad ranging capital review, as foreshadowed in a speech by Deputy Governor Grant Spencer in March.

Reserve-Bank-Head-of-Financial-Stability-appointed

Reserve-Bank-Head-of-Financial-Stability-appointed

Deputy Governor Geoff Bascand has been appointed Head of Financial Stability and Deputy Chief Executive of the Reserve Bank, Governor Graeme Wheeler and Acting Governor-designate Grant Spencer announced today.

Mr Bascand will take up the role on 27 September, replacing Mr Spencer, who will be Acting Governor for six months from that date, after Mr Wheeler’s term as Governor ends.

New-edition-of--'Upside-downside:-a-guide-to-risk-for-savers-and-investors'

New-edition-of--'Upside-downside:-a-guide-to-risk-for-savers-and-investors'

The Reserve Bank today released a new edition of its popular guide to managing the risks involved in saving and investing.

‘Upside, downside: A guide to risk for savers and investors’ was commissioned by the Reserve Bank and written by investment commentator Mary Holm for ordinary New Zealanders.

Reserve-Bank-updates-its-assessment-of--money-laundering-and-terrorism-financing-risks

Reserve-Bank-updates-its-assessment-of--money-laundering-and-terrorism-financing-risks

The Reserve Bank today published an updated assessment of the money laundering and terrorism financing risks that face the financial sector.

Head of Prudential Supervision Toby Fiennes said: “The sector risk assessment is designed to help financial institutions to better understand their own exposure to money laundering and terrorist financing risks.”

New-statistics-give-more-insight-into-banking-sector

New-statistics-give-more-insight-into-banking-sector

The Reserve Bank today began publishing new monthly statistics that will provide greater insight into the structure and activities of the banking sector.

Head of Macro Financial Stability, Bernard Hodgetts, said the Reserve Bank has worked closely with banks to develop the new statistical collection on the sector’s balance sheets.

Input-sought-on-insurer-law-review

Input-sought-on-insurer-law-review

The Reserve Bank today published an issues paper for its review of the Insurance (Prudential Supervision) Act 2010 (IPSA).

Head of Prudential Supervision Toby Fiennes said: “Public consultation is an important element of the review.”

Bulletin-article-reviews-business-cycle

Bulletin-article-reviews-business-cycle

More subdued growth, due to persistent spare capacity in the global economy following the GFC, has been a key feature of the current New Zealand business cycle.

This is a key take-out from a review of the current business cycle, published today in the Reserve Bank Bulletin.

Reserve-Bank-outlines-plans-for-bank-capital-review

Reserve-Bank-outlines-plans-for-bank-capital-review

An upcoming review of the framework for banks’ capital requirements will aim to enhance the soundness and efficiency of the New Zealand banking system, Reserve Bank Deputy Governor Grant Spencer said today.

During a speech to the New Zealand Bankers Association in Auckland, Mr Spencer outlined the context and scope of the review that the Reserve Bank will undertake over the coming year. Mr Spencer also set out broad principles that will guide the Review, centred on simplicity and conservatism.

Reserve-Bank-sees-risks-equally-balanced

Reserve-Bank-sees-risks-equally-balanced

Risks around future Official Cash Rate movements are equally weighted, reflecting balanced risks around inflation, Reserve Bank Governor Graeme Wheeler said today in a speech.

Speaking to Craigs Investment Partners’ Investor Day in Auckland, Mr Wheeler noted that the Bank’s February Monetary Policy Statement included a neutral bias with an unchanged OCR track until late 2019.

RBNZ-to-continue-engagement-on-Dashboard-proposal

RBNZ-to-continue-engagement-on-Dashboard-proposal

The Reserve Bank will continue to engage with stakeholders about its proposed ‘Dashboard’ approach to quarterly disclosure for locally incorporated banks.

The dashboard aims to enhance market discipline by making key information on locally incorporated banks available on the Reserve Bank website in a timely manner and in an accessible format which can facilitate comparisons across banks.