Open consultations
Deposit Takers Non-Core Standards
This consultation paper outlines our policy proposals for 9 non-core Deposit Taker Standards that set some of the minimum requirements that deposit takers must comply with. The non-core standards are the next in the series of standards following the May 2024 consultation on the four core standards . Read the consultation paper Deposit Takers Non-Core Standards consultation paper (PDF, 3MB) How to have your say You can have your say using the online...
Crisis management under the Deposit Takers Act 2023 - Issues Paper
This issues paper on Crisis Management under the Deposit Takers Act 2023 sets out key issues for operationalising the crisis management regime in the DTA. In particular, it discusses: a staged response to managing deposit takers in different levels of financial distress or other difficulties potential updates to our existing resolution tools, including those used to help recapitalise a failed deposit taker without relying on public funds ...
Closed consultations
Exchange Settlement Account System (ESAS) access review
We are now consulting on our revised access policy and whether it is easy to follow. This is the second consultation in the review. We are also asking for feedback on what clarity and guidance would be useful to help navigate the application process. We will then consider feedback and finalise the access policy. Because ESAS comes under the Financial Market Infrastructures Act (2021), we need to consult with and seek approval from RBNZ’s Board. While we are considering...
Alternate formats consultation for digital cash in New Zealand
We are inviting disabled people and their whānau and support persons to have their say on digital cash in New Zealand. Digital cash would be a new type of money in addition to banknotes and coins, and the electronic money in your bank account, but it will not replace physical banknotes and coins. We have put together information in alternate formats to help you tell us what you think. You can view and download information in New Zealand Sign Language (NZSL), Easy Read,...
Exposure draft of the second amendment of the ISS
We are consulting on an exposure draft of the second amendment of the Interim Solvency Standard 2023 (ISS). The second amendment aims to address issues with the in-force standard to ensure that the ISS is fit for purpose. This consultation gives stakeholders an opportunity to review the changes we have made in response to the feedback received from the first consultation last year and from an external review. We have published the following documents as part of the...
Guidance Note – Designations under the Financial Market Infrastructures Act
As part of the implementation of the Financial Market Infrastructures Act 2021, we are consulting on a draft guidance note regarding designations. This explains the roles of the Reserve Bank and Financial Markets Authority, and the approach the two agencies take when FMIs are designated. Guidance Note – Designations under the Financial Market Infrastructures Act 2021 (PDF, 122KB) Any queries, please contact RBNZ at fmioversight@rbnz.govt.nz and FMA at ...