News

Viewing entries tagged with 'Supervision'

Financial Markets Authority publishes first Conduct Outcomes Report

22 February 2017

The FMA's Conduct Outcomes Report 2016 highlights the key issues and actions from the FMA’s enforcement, supervision and preventative activities for the financial year July 2015 to June 2016. More>

Reserve Bank publishes final outsourcing policy decisions

3 February 2017

RBNZ press release: The Reserve Bank has published its final policy decisions on a revised outsourcing policy for locally incorporated registered banks. More>

Regulation of finance doesn’t absolve from risks – RBNZ

4 September 2016

The Reserve Bank’s regulation and supervision of financial institutions doesn’t absolve their boards and managers from their responsibility to manage risks, the bank’s head of prudential supervision Toby Fiennes has argued in a speech to the NZ Bankers Association in Auckland. BusinessDesk.  More>

Consistent approach has promoted robust banking system

4 September 2016

The Reserve Bank says that its consistent principles and approach to banking supervision have helped create a strong, robust banking system. Scoop/RBNZ press release.  More>

RBNZ to focus on areas where 'the incentives on financial institutions differ most starkly from society’s interests'

2 September 2016

 The Reserve Bank is reviewing the statements made by bank directors in public disclosures to make sure they're reliable and accurate and the system can't be gamed.  More>

Reserve Bank tells insurers data not good enough

26 August 2016

Insurers have been given a warning that they need to start offering the Reserve Bank better data – or face sanctions.  More>