Reserve Bank - Latest News [Page 1]

Two appointments complete RBNZ Senior Leadership team

Monday, 14 January 2019, 3:24 pm | Reserve Bank

Ms Simone Robbers and Mr Christian Hawkesby will join the Reserve Bank of New Zealand as Assistant Governors, Governor Adrian Orr announced today. More >>

Reserve Bank appoints Chief Information Officer

Wednesday, 9 January 2019, 2:29 pm | Reserve Bank

The Reserve Bank today announced the appointment of Scott Fisher as Head of Digital Services/Chief Information Officer. More >>

Reserve Bank aims for best regulatory relationships

Tuesday, 18 December 2018, 2:26 pm | Reserve Bank

In a step toward achieving the best “regulator-regulated” relationships possible, the Reserve Bank (Te Putea Matua) has established a Relationship Charter for working effectively with banks. The Charter will also be discussed with insurers and non-bank ... More >>

Dr John McDermott to join Motu

Tuesday, 18 December 2018, 11:42 am | Reserve Bank

The Reserve Bank of New Zealand’s Chief Economist Dr John McDermott will be leaving the Bank next year to join the economic research institute Motu. Dr McDermott joined the Reserve Bank of New Zealand in June 2007, heading the Bank's economic function. More >>

Reserve Bank proposes bank owners bear greater risks

Friday, 14 December 2018, 1:17 pm | Reserve Bank

Reserve Bank proposes that bank owners bear greater share of financial system’s risks The Reserve Bank is consulting on a proposal to raise the level of capital that bank owners must contribute to their business. “Insisting that bank shareholders ... More >>

Reserve Bank publishes climate change strategy

Thursday, 13 December 2018, 10:20 am | Reserve Bank

The Reserve Bank today published a strategy focusing on how the Bank can contribute to efforts to mitigate the effects of climate change. More >>

RBNZ Senior Leadership Team appointment

Wednesday, 12 December 2018, 10:35 am | Reserve Bank

The Reserve Bank has appointed Patrick Hoerler to its Senior Leadership Team – as Assistant Governor and General Manager of Business Operations. More >>

Higher bank capital better for banking system and NZ

Friday, 30 November 2018, 2:15 pm | Reserve Bank

We can improve the soundness of the New Zealand banking system by requiring banks to hold more capital with no trade-off to efficiency, Reserve Bank Governor Adrian Orr says. More >>

Updated weights for Trade-Weighted Index

Thursday, 29 November 2018, 4:06 pm | Reserve Bank

The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Friday 30 November 2018. More >>

Reserve Bank to ease loan-to-value ratio restrictions

Wednesday, 28 November 2018, 9:12 am | Reserve Bank

Risks to New Zealand’s financial system have eased over the past six months, but vulnerabilities persist. In particular, households remain exposed to financial shocks due to their large mortgage debt burden. More >>

Reserve Bank consults on new mortgage bond standard

Tuesday, 13 November 2018, 1:10 pm | Reserve Bank

The Reserve Bank today published a consultation paper proposing a new mortgage bond standard aimed at supporting confidence and liquidity in the New Zealand markets. This follows an initial consultation in November 2017 and ongoing discussion with ... More >>

Financial stability – risky, safe or just right?

Tuesday, 13 November 2018, 11:57 am | Reserve Bank

The challenge with financial stability is how to maintain a strong, resilient and efficient financial system in the face of changing and emerging risks said Deputy Governor and Head of Financial Stability Geoff Bascand in Sydney today. More >>

Reserve Bank welcomes uncontested liquidation of CBL

Monday, 12 November 2018, 4:01 pm | Reserve Bank

Reserve Bank welcomes uncontested liquidation of CBL Insurance The Reserve Bank of New Zealand welcomes placement of CBL Insurance Ltd into liquidation, without the need for a contested hearing. At a hearing in Auckland today, the High Court ... More >>

Armistice Day coin decides kick-off for All Blacks game

Monday, 12 November 2018, 12:38 pm | Reserve Bank

New Zealand’s Armistice Day 50 cent coin featured at Twickenham over the weekend – used for the ‘coin toss’ that decided the kick-off for the All Blacks vs England game on Armistice Day. More >>

Official Cash Rate unchanged at 1.75 percent

Thursday, 8 November 2018, 9:27 am | Reserve Bank

The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020. There are both upside and downside risks to our growth and inflation projections. As always, the timing and direction of any ... More >>

FMA and RBNZ report on bank conduct and culture

Monday, 5 November 2018, 2:29 pm | Reserve Bank

The Financial Markets Authority and Reserve Bank of New Zealand have completed their joint review into the conduct and culture of 11 New Zealand banks. The review is the first of its kind in New Zealand. More >>

2 The Terrace building update

Friday, 2 November 2018, 3:12 pm | Reserve Bank

Asbestos remediation work at 2 The Terrace is ahead of schedule with tenants starting to move back into the building from Monday 5 November along with the re-opening of the Museum and Education Centre.Asbestos remediation work will continue in parts ... More >>

RBNZ to establish new Senior Leadership Team

Friday, 2 November 2018, 12:18 pm | Reserve Bank

The Reserve Bank is creating a new Senior Leadership Team (SLT) to better help it achieve its vision of ‘Great Team, Best Central Bank’. Reserve Bank Governor Adrian Orr said the new Senior Leadership Team better balances the workload, allows ... More >>

Improvements to data released with the MPS

Friday, 2 November 2018, 11:07 am | Reserve Bank

The Reserve Bank will implement a change to improve the data released with the Monetary Policy Statement (MPS) from November. More >>

Reserve Bank consults on changes to reporting of breaches

Tuesday, 23 October 2018, 4:05 pm | Reserve Bank

The Reserve Bank today published a consultation paper proposing changes to the reporting and publishing of breaches by banks. Currently banks are expected to notify the Reserve Bank promptly of breaches of their conditions of registration and are required to ... More >>

 

 

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