New OIA info points to scant RBNZ analysis behind bank capital proposals

Wed, 10 Apr 2019

By Jenny Ruth April 11 (BusinessDesk) - Information released under the Official Information Act adds to the weight of evidence that there is scant analysis behind the central bank’s proposals to raise minimum bank capital requirements. The information release was in response to an OIA request from former Reserve Bank official Michael Reddell. In a blog-post called “The Emperor’s Clothes are Threadbare,” Reddell writes that although he had assumed that the central bank would have done “extensive and detailed analysis of its capital prop...

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