RBNZ kicks off consultation on capital adequacy review

RBNZ kicks off consultation on capital adequacy review
Paul McBeth
By Paul McBeth May 1 (BusinessDesk) - The Reserve Bank is seeking feedback in the first round of a review testing the capital settings lenders operate under to maintain a robust business.  The central bank wants feedback primarily on the definitions of types of capital used to absorb losses, the frameworks used to measure risks, and whether banks have large enough buffers. Submissions on a series of questions are open until the close of business on June 9 with detailed policy proposals expected to be released later this year and the revie...