RBNZ's supervisory role to stay

The Reserve Bank of New Zealand's supervisory role would not be removed following a review of trans-Tasman banking regulations, Finance Minister Michael Cullen said Friday 10 June.

Dr Cullen said the Australian and New Zealand governments were "within sight" of an agreement on harmonising banking regulation.

"In Australia the two central bank roles have been separated with the Australian Reserve Bank responsible for monetary policy and the Australian Prudential Regulation Authority responsible

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: