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 ...
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...
Closed consultations
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As part of the implementation of the Financial Market Infrastructures Act 2021, we are consulting on a draft guidance note regarding designations.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 ...
Deposit Takers Core Standards
We are consulting on policy proposals for new prudential standards made under the Deposit Takers Act 2023 (DTA). The standards will replace our existing prudential requirements. Unlike most of our existing prudential requirements, the standards will be secondary legislation. This consultation covers the 4 core Deposit Takers Standards. We will use these standards to license existing banks and NBDTs under the new regime. The DTA modernises our regulatory framework to protect...
Digital cash in New Zealand | Moni-matihiko
Alternate formats consultation for digital cash We have translated our key consultation information into Easy Read, Large Print, Audio, Braille and New Zealand Sign Language (NZSL). View and download information in alternate formats At the Reserve Bank - Te Pūtea Matua, we're looking at digital cash. It would be an electronic version of cash, issued by the Reserve Bank of New Zealand, but it would not replace cash. We are in stage 2 of a multi-year,...
Depositor Compensation Scheme Regulations
We are consulting on policy proposals for regulations under the Deposit Takers Act 2023 (DTA). The DTA creates a new prudential regime by: integrating the currently separate regimes for banks and non-bank deposit takers, and introducing the Depositor Compensation Scheme (DCS). Regulations are necessary to bring the DCS into being. Many of the regulations are technical in nature. The DCS will protect customers for up to NZ$100,000 per customer, per...