Capital requirements review doesn't mean they are too high – RBNZ

Capital requirements review doesn't mean they are too high – RBNZ
RBNZ governor Christian Hawkesby. (Image: NZME)
Rebecca Howard
Reserve Bank of New Zealand's governor, Christian Hawkesby, downplayed a suggestion that a review into its capital requirements is an admission that they are too high.The Reserve Bank of NZ (RBNZ) is “very open-minded” about the review and seeking to draw on the evidence from the Commerce Commission's market study and the finance and expenditure committee's inquiry into banking, he said at a media conference to present the latest Financial Stability Review (FSR).He said the central bank hasn’t committed to any...

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