RBNZ to announce final decision on bank capital rules by November

Mon, 20 May 2019

By Jenny Ruth May 20 (BusinessDesk) - The Reserve Bank says it will announce its final decision on new bank capital rules by the end of November. The central bank says it has received 164 submissions on its bank capital proposals and reiterated its commitment to release them publicly in June, along with the Reserve Bank’s summary. While many in the market have taken a cynical attitude towards the consultation, believing that Reserve Bank governor Adrian Orr has already made up his mind, the central bank is indicating its views may have...

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