RBNZ to consult on liquidity policy review

The Reserve Bank said it wants feedback on proposed changes to liquidity policy for registered banks, including whether branches of foreign banks and non-bank deposit takers should also be brought into the regime.The Reserve Bank of New Zealand (RBNZ) deputy governor and head of financial stability, Christian Hawkesby, said the current rules haven't been reviewed since they were implemented in 2010 and that the issues paper published today will be the first of at least four papers in a review spanning three years.He defines liquidity as a m...
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