RBNZ to review prudential regime for non-bank deposit takers

It is now over four years since Part 5D of the Reserve Bank of New Zealand Act was enacted, bringing with it increased regulation of non-bank deposit takers (NBDTs). Part 5D obliges the Reserve Bank of New Zealand (RBNZ) to undertake a review of Part 5D this year. Accordingly, RBNZ has today released a consultation paper for its review of the prudential regime for non-bank deposit takers (NBDTs) ... READ MORE

Released by Minter Ellison Rudd Watts - 4 April 2013