RBNZ looks to tweak tool settings

The RBNZ’s slow shift to debt to income ratios as a tool for regulating retail bank mortgage lending has stepped up a gear, with the launch of consultation on its proposed settings.  read more

LCR may be mandated, RBA warns

Reserve Bank governor Michele Bullock has warned that the central bank may use its payments system regulatory powers to speed-up the rollout of least cost routing to merchants, saying progress has bee.. read more

Coffee but not cash not good enough, warns RBNZ

The Reserve Bank will be expecting New Zealand’s banks to improve their emergency planning and resilience in the wake of the storms that have battered the country and left some flood ravaged East Coas.. read more

Kiwis crack down on BNPL

Borrowers from Buy Now Pay Later companies operating in New Zealand will have increased protections if new regulations proposed by the government go ahead. But while lenders are relieved that there ar.. read more

Flip flop on fund management fee GST

The New Zealand government’s attempt to quietly align its approach to charging GST on fund management fees with that in place in Australia, and to “level the playing field” for smaller and larger prov.. read more