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Fraud Awareness week a timely reminder of finance scams

By   /  November 16, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Fraud Awareness week a timely reminder of finance scams

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Fraud Awareness week a timely reminder of finance scams Release date 16 November 2017 The Reserve Bank says that International Fraud Awareness Week is a good reminder of what to do if you’re the target of a finance scam. “The Bank receives regular inquiries […]

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Westpac capital requirements increased after breaching regulatory obligations

By   /  November 15, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Westpac capital requirements increased after breaching regulatory obligations

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Westpac capital requirements increased after breaching regulatory obligations Release date 15 November 2017 Westpac New Zealand Limited (Westpac) has had its minimum regulatory capital requirements increased after it failed to comply with regulatory obligations relating to its status as an internal models bank. Internal […]

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NZ economy and financial system sound

By   /  September 29, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on NZ economy and financial system sound

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: NZ economy and financial system sound Release date 29 September 2017 New Zealand’s economy and financial system remain on a sound footing despite continuing challenges in the global environment, according to the Reserve Bank’s Annual Report 2016-17 released today. The 2016-17 financial year saw […]

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Reserve Bank introduces revised outsourcing policy

By   /  September 20, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Reserve Bank introduces revised outsourcing policy

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Reserve Bank introduces revised outsourcing policy Release date 20 September 2017 The Reserve Bank today published a revised outsourcing policy for large banks. “The revised policy aims to ensure that a bank can continue to operate in a situation where a key service provider […]

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Reserve Bank leasing office space to Defence Force

By   /  September 4, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Reserve Bank leasing office space to Defence Force

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Reserve Bank leasing office space to Defence Force Release date 04 September 2017 The New Zealand Defence Force has signed a lease to occupy three floors in the Reserve Bank of New Zealand building, beginning later this year. Reserve Bank Head of Currency, Property […]

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Reserve Bank policy a key driver in economic performance

By   /  August 30, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Reserve Bank policy a key driver in economic performance

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Reserve Bank policy a key driver in economic performance Release date 30 August 2017 The Reserve Bank’s monetary policy has been an important driver in the last five years behind above-trend growth in the economy and employment, Reserve Bank Governor Graeme Wheeler said today […]

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RBNZ appoints Assistant Governor, Head of Operations

By   /  August 29, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on RBNZ appoints Assistant Governor, Head of Operations

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: RBNZ appoints Assistant Governor, Head of Operations Release date 29 August 2017 The Reserve Bank has appointed Sean Mills as Assistant Governor and Head of Operations. Mr Mills will take up his appointment on 29 November 2017. He is currently Chief Information Officer at […]

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Inflation targeting practices similar across central banks

By   /  August 16, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Inflation targeting practices similar across central banks

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Inflation targeting practices similar across central banks Release date 16 August 2017 Inflation targeting practises are similar across many central banks despite significant differences in their formal frameworks, says the Reserve Bank in its latest Bulletin article published today. The Bulletin article titled “An […]

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Simple, conservative approach for prudential supervision

By   /  August 2, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Simple, conservative approach for prudential supervision

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Simple, conservative approach for prudential supervision Release date 02 August 2017 The Reserve Bank aims to improve the effectiveness of its prudential regulation through a combination of simpler regulations and bolstering its supervisory activities. Deputy Governor Grant Spencer said in a speech to the […]

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External expert reviews forecasting processes

By   /  July 28, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on External expert reviews forecasting processes

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: External expert reviews forecasting processes Release date 28 July 2017 An external central banking expert has commended the Reserve Bank’s forecasting and monetary policy decision-making processes. As part of good practice peer review, the Bank regularly commissions reviews by external experts of its forecasting […]

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Looking at the Stars – Reserve Bank of New Zealand

By   /  July 26, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Looking at the Stars – Reserve Bank of New Zealand

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Looking at the Stars – Reserve Bank of New Zealand Release date 26 July 2017 Understanding key trends in the economy is crucial for the Reserve Bank, even though the trends can only be estimated and never directly observed and measured. Assistant Governor and […]

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Bulletin article reviews outcomes of IMF’s Financial Sector Assessment Programme

By   /  July 20, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Bulletin article reviews outcomes of IMF’s Financial Sector Assessment Programme

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Bulletin article reviews outcomes of IMF’s Financial Sector Assessment Programme Release date 20 July 2017 The Reserve Bank has released a Bulletin article reviewing the outcomes of the International Monetary Fund’s (IMF) latest Financial Sector Assessment Programme (FSAP) for New Zealand.  An FSAP is […]

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Reserve Bank outlines stance on cyber issues

By   /  July 19, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Reserve Bank outlines stance on cyber issues

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Reserve Bank outlines stance on cyber issues Release date 19 July 2017 Firms in the finance sector, regulators, and other authorities all have a part to play in managing cyber security risks while still benefiting from the opportunities of new financial technology. “The dynamic […]

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Reserve Bank says lower external debt is encouraging but some risks remain

By   /  July 17, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Reserve Bank says lower external debt is encouraging but some risks remain

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Reserve Bank says lower external debt is encouraging but some risks remain Release date 17 July 2017 A large improvement in New Zealand’s net foreign liabilities as a share of GDP since 2009 makes the economy less vulnerable to shocks, Deputy Governor Geoff Bascand […]

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Reserve Bank consults on what should qualify as bank capital

By   /  July 14, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Reserve Bank consults on what should qualify as bank capital

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Reserve Bank consults on what should qualify as bank capital Release date 14 July 2017 The Reserve Bank has started a public consultation about what type of financial instruments should qualify as bank capital. Capital regulations address not only the minimum amount of capital […]

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Reserve Bank and MBIE open public consultation on foreign margin requirements for OTC derivatives

By   /  July 13, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Reserve Bank and MBIE open public consultation on foreign margin requirements for OTC derivatives

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Reserve Bank and MBIE open public consultation on foreign margin requirements for OTC derivatives Release date 13 July 2017 The Reserve Bank of New Zealand and the Ministry of Business, Innovation and Employment have started a public consultation on the implications for New Zealand […]

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Brighter Money banknotes security features

By   /  July 12, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Brighter Money banknotes security features

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Brighter Money banknotes security features Release date 12 July 2017 The Reserve Bank has developed a short video to help the public identify the ‘real deal’ Brighter Money banknotes. The video explores the banknote’s sophisticated security features, showing the public how to identify a […]

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50 years of decimal currency

By   /  July 10, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on 50 years of decimal currency

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: 50 years of decimal currency Release date 10 July 2017 Today signals 50 years of decimal currency in New Zealand and the Bank is marking the anniversary with a new display in its Museum and Education Centre. This coincides with a new Bulletin article […]

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Kristin School wins Monetary Policy Challenge

By   /  July 6, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Kristin School wins Monetary Policy Challenge

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Kristin School wins Monetary Policy Challenge Release date 06 July 2017 Kristin School (Auckland) has been named the national winner of the 2017 Reserve Bank of New Zealand Monetary Policy Challenge. Macleans College (Auckland) placed second and Saint Patrick’s College (Kilbirnie, Wellington) came third.  […]

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Survey shows insurers need to up their game

By   /  June 29, 2017  /  24/7 News, Economy, New Zealand Reserve Bank, Public Sector  /  Comments Off on Survey shows insurers need to up their game

MIL OSI – Source: New Zealand Reserve Bank – Release/Statement Headline: Survey shows insurers need to up their game Release date 29 June 2017 The Reserve Bank today published a report on compliance by insurers with the requirements to disclose their financial strength ratings and solvency information. A recent survey by the Reserve Bank of […]

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