RBNZ invites submissions on the big four dual reporting

Tue, 22 Feb 2022

The Reserve Bank has decided on another round of consulting about its plan to make the big four Australian-owned banks report their capital requirements under both their own internal models and what they would be if these banks had to use the standardised models that the other banks must use.The dual reporting was to have come in from January last year but was postponed to July 1 this year as part of the many measures the RBNZ took to help the economy weather the covid-19 pandemic.That will mean the first accounts containing dual reporting will...

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