RBNZ to stick with existing liquidity metrics

(Image: NZME)

Tue, 05 Dec 2023

The Reserve Bank of New Zealand will continue using its own liquidity metrics but will apply those requirements on a proportionate basis after its latest consultation with the sector. The Reserve Bank of NZ (RBNZ) sought feedback on a proposal to adopt liquidity metrics developed by the Basel Committee on Banking Supervision (BCBS), tightening the criteria for eligible assets deemed liquid enough to sell during a time of stress so deposit takers have enough cash on hand to make payments. After its latest round of consultation, which r...

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