Reserve Bank of New Zealand – Te Pūtea Matua
NZBA considers that any costs recovered through the proposed levy should be both appropriate – reflecting the actual costs of delivering regulatory functions efficiently – and transparent, to ensure levy payers can have confidence that charges are fair, efficient, proportionate, and linked to clearly defined regulatory activities.
Together, these principles support accountability, promote trust in the regulatory framework, and help ensure that levies do not impose unnecessary and inefficient costs on regulated entities.