New Zealand
RBNZ hints at further stimulus by the end of the year
Central bank says banking sector is on track to be prepared for negative rates
Stress-test results reinforce need for capital review – RBNZ
Under very severe scenario, banks need significant capital injections
New Zealand becomes first country to mandate climate risk disclosures
Several governments are working to enshrine TCFD framework in law
Few central banks consider climate risk within benchmarks
Despite central banks supporting mandatory climate risk disclosures, very few account for it in their benchmarks
2019 a bumper year for coins – RBNZ data
Over 120 million coins were minted for New Zealand’s central bank last year
RBNZ to chair Pacific infrastructure working group
New Zealand central bank given role after drafting law on FMI regulation
RBNZ investigating use of negative rates, official says
New Zealand central bank would only use measure if necessary, assistant governor says
People: RBNZ and Bank Indonesia appoint new deputy governors
Crane Currency names new president; Tainui-Hernandez and Joewono take up deputy governor roles
RBNZ boosts asset purchases and prepares new policies
Negative rates and funding for lending programme under “active preparation”
People: CBSL gains board members; RBNZ forms new department
RBNZ fills two new payments roles; long-time Danish official retires from the central bank; and more
Trends in reserve management: 2020 survey results
Covid-19 expected to dent the risk appetite of portfolio managers
RBNZ nearly doubles asset purchase programme
Policy-makers aim to front-load stimulus as economy faces “significant and unprecedented decline”
Strict lockdown could cause 37% quarterly GDP contraction – RBNZ
Assessment shows impact of containment measures on New Zealand’s economic output
RBNZ lifts mortgage lending restrictions for one year
New Zealand's central bank says latest crisis move will not weaken financial resilience
RBNZ’s Sam Allen on embracing the cloud
Central bank took a calculated risk in moving financial markets group to cloud platform
‘Step up to the plate’, New Zealand regulators tell banks
Council of regulators expects banks to deliver lending and affordable customer products
RBNZ to start buying local government debt
Central bank expands its large-scale asset purchases in the wake of the Covid-19 shock
New Zealand banks agree dividend suspension with RBNZ
Central bank launches new funding facility and asks banks to stop redeeming non-CET1 instruments
RBNZ lowers banks’ core funding ratios
Central bank reduces ratio to 50% to support government’s crisis lending scheme
RBNZ launches $30bn government bond-buying programme
MPC asked to vote on package via email to ensure social distancing
Fed expands network of swaps to emerging markets
Emerging markets will now have direct access to a dollar backstop, but it is still limited
RBNZ delays new capital rules
Central bank defers start date until 2021 and slows down other regulatory reviews
RBNZ reduces rates by 75bp in emergency meeting
Central bank says future purchases of government bonds preferable to lower rates
RBNZ prepares unconventional policy tools
Central bank is not planning to use them yet, governor stresses