DTA and DCS consultation hub

Here you can find all consultations on the Deposit Takers Act (DTA) and Depositor Compensation Scheme (DCS). We look forward to your input.

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 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...

Consultation timeline


  1. Proportionality Framework and DCS Levy Framework

  2. DCS Regulations

  3. Core standards

  4. Non-core standards

  5. Exposure draft of Core standards

  6. Exposure draft of Non-core standards


See the full DTA/DCS Programme timeline on our website.

Closed consultations

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...


Depositor Compensation Scheme Development of Regulations

We asked for feedback on the development of regulations for the Depositor Compensation Scheme (DCS) under the Deposit Takers Act. The consultation covered 2 key issues to support the...