New Zealand
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
Central Banking Awards 2021: winners in full
Winners in 2021 include the Federal Reserve, Alejandro Díaz de León and Charles Goodhart
Central Banking Awards 2021: third round of winners revealed
Awards go to central banks and market practitioners for payments, market infrastructure and currency
Payments and market infrastructure development – wholesale: Reserve Bank of New Zealand
NZ central bank has embraced major payments infrastructure changes to reduce risk and future-proof country’s payments landscape
Lifetime achievement: Charles Goodhart
LSE and BoE veteran has influenced central banking policy practices and frameworks all around the world
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
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
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
Failure to explain how the Fed calculates its ‘average’ for AIT creates risks
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
RBNZ considers greater focus on house prices in MPC decisions
Government is concerned house price rises are excluding people from the market
RBNZ launches review of accidental disclosure
Information on new funding for lending programme was released before policy was officially unveiled
Powell, Lagarde and Bailey express caution on CBDCs
Jay Powell says Fed must get any future CBDC right, rather than “being the first”
UK government pledges economy-wide climate disclosures by 2025
FCA says firms worth $3.8 trillion will disclose climate risks over next three years
RBNZ extends some emergency measures
New Zealand central bank delays capital changes again and may reinstate LTV limits
RBNZ launches funding for lending programme
Central bank avoids taking rates negative but says the policy remains an option