New capital requirements for NZ banks soon 29 November 2018 5:44PM The Reserve Bank of New Zealand will announce its new capital requirements for banks in mid-December, and will also be looking to constrain the use of internal capital modelling. read more
RBNZ loosens loan to value restrictions 29 November 2018 5:43PM The Reserve Bank of New Zealand has eased restrictions on bank lending, but has also indicated it sees loan to value ratio restrictions as a permanent feature of the banking system. read more
NZ banks called out on sales incentives risks 16 November 2018 5:18PM New Zealand banks are failing to adequately monitor and control the inherent conflict of interest between customers and staff who are incentivised to sell them financial products, says the Financial M.. read more
RBNZ grilled over bank conduct inquiry 09 November 2018 5:21PM A claim that the Reserve Bank of New Zealand and the FMA over-stepped their legal mandate - and wasted $2 million - with their review of bank culture and conduct has been strongly rejected by the two.. read more
Kiwi culture review leads to renewed calls for levy 07 November 2018 5:07PM The New Zealand First Party, one of the partners of the coalition government, is renewing its push for the imposition of an Australian-style banking levy on Kiwi banks, a sector which one government m.. read more
Kiwi subsidiaries now on notice with tougher laws likely 06 November 2018 4:50PM New Zealand's banks could be facing tougher regulation, with the government and regulators threatening to address the "regulatory gap" around mandatory culture and conduct reporting, despite a review.. read more
RBNZ says its easing is "no green light" 30 November 2017 6:05PM The Reserve Bank of New Zealand was keen to emphasise that the decision to relax some of the so-called "speed limits" that had been applied to the housing market was no "green light" for bankers and h.. read more
Westpac NZ out on its own over non-compliant bank model 30 November 2017 6:03PM The Reserve Bank of New Zealand says it is confident that none of the other Big Four-owned banks in New Zealand share the issue of non-compliant internal risk models which tripped up Westpac NZ, while.. read more