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.