The Deposit Takers Act 2023 received Royal Assent on 6 July 2023. We are currently drafting regulations and standards to support the DTA and DCS. This is the secondary legislation or rules that deposit takers must follow.
Over the next few years, we will consult on various aspects of the legislation. We will ask the banking industry and the wider community for feedback. This will make sure the rules will work in practice. If you have any questions about our consultations, please email dta@rbnz.govt.nz.
Visit www.rbnz.govt.nz/dcs for more information.
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 ...
Consultation timeline
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Proportionality Framework and DCS Levy Framework
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DCS Regulations
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Core standards
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Non-core standards
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Exposure draft of Core standards
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Exposure draft of Non-core standards
See the full DTA/DCS Programme timeline on our website.
Closed consultations
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...
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...
Exposure draft of the Deposit Takers Bill
We published an exposure draft of the Deposit Takers Bill for public consultation in December 2021. The exposure draft is a preview of the Bill for stakeholder feedback before it is introduced to...