RBNZ presses ahead with dashboard plan, despite bank concerns

The Reserve Bank of New Zealand

The Reserve Bank of New Zealand (RBNZ) plans to go ahead with its proposed "dashboard" approach to bank disclosures, it said today (February 14), despite concerns raised by many financial institutions.

The dashboard would bring together banks' regulatory disclosures in a single place on the RBNZ website, making it much easier to make comparisons. The central bank believes it would boost market discipline, and set out its ideas in a consultation document published in September 2016.


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