RBNZ aims to toughen banking oversight

reserve-bank-of-new-zealand-rbnz-2
The Reserve Bank of New Zealand

The Reserve Bank of New Zealand will take a tougher approach to financial supervision and regulation, it said on June 26.

“Our approach to financial stability is expanding and becoming more intensive, in terms of both regulation and supervision,” said Geoff Bascand, RBNZ’s deputy governor and general manager of financial stability.

The RBNZ’s changes to its financial stability policy is the focus of the second round of the review of the Reserve Bank Act. The first review added employment to

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: