RBNZ to evaluate legislative basis of Financial Policy Committee

RBNZ Governor Anna Breman eyes prudential role. (Image: NZME)

Thu, 11 Dec 2025

Reserve Bank of New Zealand Governor Anna Breman said she plans to evaluate whether the regulator’s new Financial Policy Committee should have the same legislative basis as that for monetary policy.This is significant because it suggests current plans for the Financial Policy Committee (FPC) – its foundation, composition and internal-to-external voting ratio – may not yet be set in stone. If the FPC had the same statutory basis as the powerful Monetary Policy Committee (MPC), it would have more external voices, a more bal...

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