RBNZ review to chew over meaty issues in first consultation round

Mon, 10 Sep 2018

By Paul McBeth Sept. 10 (BusinessDesk) - The potential introduction of deposit insurance and the removal of prudential supervision are among the key issues to be addressed in the next stage of the Reserve Bank Act review. A joint Treasury and RBNZ group today released the outline for the government's legislative review. The team will issue consultation papers in November on five topics: headline legislative objectives; governance; separating prudential supervision from the RBNZ; depositor protection; and the regulatory perimeter of bank r...

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