Reserve Bank of New Zealand
NZBA is grateful for the opportunity to submit to the Reserve Bank of New Zealand (RBNZ) on the Consultation Document: Regulatory Stocktake of the Prudential Requirements Applying to Registered Banks (the Consultation Document).
NZBA welcomes the Regulatory Stocktake and would like to acknowledge the positive engagement and consultation on the Regulatory Stocktake over the past year. NZBA has been involved in the five Regulatory Stocktake industry workshops, and considers that the workshop process has been a valuable and constructive tool in this formal consultation process. NZBA welcomes the opportunity to formally submit on the matters raised in the Consultation Document.
We provide below responses to the issues and questions posed in the Consultation Document where we consider there to be industry consensus. We appreciate your consideration of our submission.