RBNZ will revisit all bank capital proposals before final decisions: Bascand

Mon, 30 Sep 2019

By Jenny Ruth Oct. 1 (BusinessDesk) - The Reserve Bank is reviewing all its key proposals in light of the critique by the three independent reviewers and the submissions before announcing its final decisions in early December, says deputy governor Geoff Bascand. "We are revisiting all of our in-principle decisions," Bascand told BusinessDesk. "What we've got here is a lot of support for the direction of travel. We are going to increase capital requirements – we've made no bones about that," but the amount of capital, what form it takes...

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