RBNZ will consider changing bank capital proposals - Bascand

Wed, 16 Oct 2019

Deputy Reserve Bank governor Geoff Bascand says the central bank will consider making adjustments to its bank capital proposals in light of the submissions and the reviews by three independent experts."Of course, we are listening to what others are saying about our proposals," Bascand said in a speech to a Citi Australia conference in Sydney on New Zealand investment."We've been consulting with the public and many of our stakeholders to fully understand the impacts they believe an increase to capital requirements will have," he said.The RBNZ is...

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