Bank capital review background papers released, consultation extended
Source: Reserve Bank of New Zealand Release date 25 January 2019 The Reserve Bank has released background papers relating to its ongoing review of the minimum amount of capital that banks must hold. The Reserve Bank is currently consulting on a proposal to raise the amount of capital that banks must hold. This change would make […]
Read More →MIL-OSI New Zealand: Bank Financial Strength Dashboard wins international award
Source: Reserve Bank of New Zealand Release date 22 January 2019 Central Banking Publications has named the Bank Financial Strength Dashboard as ‘Initiative of the Year’ in its annual awards. In announcing the award, Central Banking commented that very few central banks have opened up their financial system to public scrutiny to quite the same […]
Read More →MIL-OSI New Zealand: Two appointments complete RBNZ Senior Leadership team
Source: Reserve Bank of New Zealand Release date 14 January 2019 Ms Simone Robbers and Mr Christian Hawkesby will join the Reserve Bank of New Zealand as Assistant Governors, Governor Adrian Orr announced today. Their appointments complete the Reserve Bank’s new Senior Leadership Team structure announced in 2018. Ms Simone Robbers will take up the […]
Read More →MIL-OSI New Zealand: Reserve Bank appoints Chief Information Officer
Source: Reserve Bank of New Zealand Release date 09 January 2019 The Reserve Bank today announced the appointment of Scott Fisher as Head of Digital Services/Chief Information Officer. Mr Fisher has been acting CIO since October 2018 and joined the Bank in January 2018 as Manager Digital Operations. Prior to joining the bank, he worked as […]
Read More →MIL-OSI New Zealand: Reserve Bank aims for best regulatory relationships
Source: Reserve Bank of New Zealand Release date 18 December 2018 In a step toward achieving the best “regulator-regulated” relationships possible, the Reserve Bank (Te Putea Matua) has established a Relationship Charter for working effectively with banks. The Charter will also be discussed with insurers and non-bank deposit takers in the near future. Reserve Bank […]
Read More →MIL-OSI New Zealand: Dr John McDermott to join Motu
Source: Reserve Bank of New Zealand Release date 18 December 2018 The Reserve Bank of New Zealand’s Chief Economist Dr John McDermott will be leaving the Bank next year to join the economic research institute Motu. Dr McDermott joined the Reserve Bank of New Zealand in June 2007, heading the Bank’s economic function. Governor Adrian Orr […]
Read More →MIL-OSI New Zealand: Reserve Bank proposes that bank owners bear greater share of financial system’s risks
Source: Reserve Bank of New Zealand Release date 14 December 2018 The Reserve Bank is consulting on a proposal to raise the amount of capital that banks must hold. “Insisting that bank shareholders have a meaningful stake in their bank provides a greater incentive to ensure it is well managed. Having shareholders able to absorb […]
Read More →MIL-OSI New Zealand: Reserve Bank publishes climate change strategy and joins global network
Source: Reserve Bank of New Zealand Release date 13 December 2018 The Reserve Bank today published a strategy focusing on how the Bank can contribute to efforts to mitigate the effects of climate change. The Bank has also been welcomed as member of the Network of Central Banks and Supervisors for Greening the Financial System […]
Read More →MIL-OSI New Zealand: RBNZ Senior Leadership Team appointment
Source: Reserve Bank of New Zealand Release date 12 December 2018 The Reserve Bank has appointed Patrick Hoerler to its Senior Leadership Team – as Assistant Governor and General Manager of Business Operations. Mr Hoerler joined the Reserve Bank in January 2017 and was most recently the Bank’s Head of Risk and Audit. As Assistant Governor […]
Read More →MIL-OSI New Zealand: CBL Insurance information disclosures
Source: Reserve Bank of New Zealand Release date 03 December 2018 The Reserve Bank has published further information about CBL Insurance (in liquidation) on its website. The web page provides access to a detailed timeline, High Court judgments, affidavits, responses to Official Information requests, and news media releases. In order to ensure transparency, and as […]
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