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Over-regulation of the banking sector may be costing New Zealand between $10.1 billion and $14.4b in lost economic activity ...
"We have heard the claims that our bank capital regime is unreasonably conservative, and that it is undermining competition and growth in the New Zealand economy," Reserve Bank of New Zealand ...
Chief executive Samantha Barrass also tells banking inquiry that NZ is way behind on open banking. The Financial Markets ...
The Reserve Bank is considering loosening its controversial bank capital rules, fiercely defended by Adrian Orr, who resigned unexpectedly as Reserve Bank Governor three weeks ago. The board made the ...
New Zealand’s competition regulator is investigating whether membership of the Net-Zero Banking Alliance, the global lending sector’s main climate group, is in breach of local anti-cartel laws.
WELLINGTON, March 21 (Reuters) - New Zealand has opened an investigation to determine if commitments by lenders under the Net-Zero Banking Alliance could breach anti-cartel regulations, the ...
The Reserve Bank of New Zealand lowered interest rates on Wednesday, making it one of the first central banks to respond to ...
WELLINGTON (Reuters) -New Zealand's central bank said on Monday it would undertake an evidence-based review of its capital regime this year, assessing it against the settings in other countries in ...
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