The Reserve Bank of New Zealand – Te Pūtea Matua is reviewing its policy for branches of overseas banks to keep pace with the evolving global regulatory environment.
Māori leaders from the banking sector have established the first Māori Bankers Rōpū (group), known as Tāwhia, to share ideas and deepen the understanding of key issues for Māori within the banking sector.
Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions, Deputy Governor Geoff Bascand says in a speech published today.
The Reserve Bank of New Zealand - Te Pūtea Matua is seeking views on its enforcement framework to promote confidence in compliance across the sectors we regulate.
