Reserve Bank of New Zealand (RBNZ)
The importance of diversity when selecting banknote icons
The former head of currency at the Reserve Bank of New Zealand, Brian Lang, explains why inclusion and diversity were such important factors for the country’s 1992–93 banknote redesign
RBNZ gains new FMI oversight powers
Central bank and FMA will be able to set standards for systemically important infrastructures
RBNZ does not have ‘adequate’ AML/CFT resource – FATF report
New Zealand central bank needs more AML/CFT resources and tougher penalties
Australia, Canada and New Zealand form network for indigenous inclusion
Ottawa will host symposium on indigenous economics later this year
Supporting Pacific islands should be ‘strategic priority’ for banks – Orr
RBNZ governor says banks must show ‘courage’ and provide services through good times and bad
Navigating the hazards of inequalities
Inequality poses a serious challenge for central bank communications, says Mike Hannah
RBNZ eases dividend restrictions
Deputy governor says NZ economy has rebounded more strongly than expected
RBNZ stresses need for clarity on climate disclosures
Taxonomies need to be harmonised and disclosure frameworks reviewed to ensure they are relevant for the public sector
Payments and market infrastructure development – wholesale: Reserve Bank of New Zealand
New Zealand’s central bank has embraced major payments infrastructure changes to reduce risk and future-proof the country’s payments landscape
Lifetime achievement: Charles Goodhart
The LSE and BoE veteran economist has his own ‘law’, and played a key role in the establishment of monetary policy in the UK, Hong Kong’s peg and the ‘New Zealand model’, which influenced a generation of central bankers
RBNZ winds back pandemic liquidity support
Use of two facilities has been “very low” in the last six months, RBNZ official says
RBNZ to support government housing objectives
New Zealand finance minister changes central bank’s monetary and financial policy remits
New Zealand’s banking system operationally ready for negative rates
Central bank will lower rates below zero lower bound if required, MPC says
Evidence of central bank research bias is ‘mixed’ – RBA paper
Results contrast with another recent study that found bias in research on QE
Earlier disclosure by third party could have prevented data breach – Orr
RBNZ could have avoided breach if patch had been deployed sooner, governor says
RBNZ appoints KPMG to report on data breach
Report due by end of March and will be considered with Deloitte review of accidental leak
MAS enhances cyber risk guidelines as risks grow
Authority warns “spate” of cyber attacks have targeted suppliers of IT services
RBNZ announces independent inquiry into data breach
Governor takes personal responsibility and says NZ financial system remains sound
RBNZ suffers data breach in third-party system
Governor says breach is “contained” and investigations are ongoing
House price consideration could be added to mandate – RBNZ’s Orr
New Zealand’s governor argues house prices are not the remit of monetary policy
The dawn of average inflation targeting
The Fed has failed to explain how it will calculate the ‘average’ for its new AIT framework, raising new risks that central bankers would do well to reflect on
Norges Bank deputy governor resigns over security clearance
Deputy governor in charge of world’s largest SWF denied clearance because of wife’s residence in China
Forecast errors marginally higher for growth than inflation
Data shows contrast between advanced and emerging economies
RBNZ to re-impose loan-to-value limits from March 2021
Central bank records increase in mortgages granted to high-risk lenders