NZ Reserve Bank News Feed

Reserve Bank of New Zealand News Releases

• Reserve Bank releases near-final DTA standards and licensing questions for regulated deposit takers
  The Reserve Bank of New Zealand – Te Pūtea Matua has published near-final versions of four Deposit Takers Act 2023 (DTA) standards, consultation submissions, and the questions that existing banks and non-bank deposit takers will need to answer if they are applying for a DTA licence.
• Securing the future: the role of the repo market
  In a speech delivered today at the KangaNews Debt Capital Markets Summit in Auckland, Reserve Bank Assistant Governor Money, Karen Silk, highlighted the growing importance of the repo market in supporting financial market liquidity, monetary policy implementation, and financial system resilience.
• RBNZ approves entry of first non-bank member to Exchange Settlement Account System (ESAS)
  This follows the completion of the ESAS Access Review which was conducted to assess whether the 30-year access criteria were still fit for purpose in a rapidly changing finance eco-system.
• OCR increased by 25 basis points to 2.75%
  Monetary Policy Statement media release and the MPC’s Record of Meeting, which summarises the committee's discussions.
• RBNZ explores issues facing New Zealand's payments system
  We are seeking feedback on the issues we have identified with our payments system, and the proposed areas of work needed to address these.
• Reserve Bank maintains Loan-to-Value Ratio (LVR) settings
  The Reserve Bank of New Zealand – Te Pūtea Matua’s Financial Policy Committee (FPC) has decided to maintain current LVR settings in its annual review of macroprudential policy.