RBNZ seeks ANZ's assurances over prudential, governance matters
26 Juin, 2019, 02:14 | Auteur: Auguste Feret
Robertson told reporters that whether the banks or government bore the risk of the guarantee was still to be decided, but in other countries the guarantee would be funded by a bank levy and the government would then intervene as required.
The New Zealand banking system is already relatively well-capitalised by worldwide standards, but the Reserve Bank believes the country's banking system needs to be significantly more resilient and capable of withstanding a financial crisis than it is already.
Putting a deposit protection scheme in place would end New Zealand's outlier status as a country without such a scheme and would create a buffer against crisis that could reduce at least some of the need for the banks to hold more capital on their books.
New Zealand's banks have committed to ending sales incentives for frontline staff and their managers following pressure from regulators.
Robertson also said that this new system would "increase public confidence in the banks" and would protect costumers. He also added that the government is looking forward to work to strengthen the supervision of Banks.
'Stricter Regime' Models in Australia and the United Kingdom go a step further than New Zealand's current director-attestation regime for banks by also holding senior managers to account for the prudent management of their bank within their area of responsibility, he said.
"We want to look at the balance between the more light-handed regulatory model that the Reserve Bank has traditionally had, versus what we've been advised by the International Monetary Fund and others over the years should be a stricter regime", Robertson said.
The central bank wants the lender to provide two independent reports, one on compliance with capital adequacy rules, and another on internal governance, risk management and internal controls.
ANZ New Zealand has announced that it will work with the Reserve Bank of New Zealand (RBNZ) on an independent review of its capital models and attestation process, following the revocation of its approval to model its own operational risk and capital requirements earlier in May.
ANZ's local chief executive David Hisco abruptly left the company last week over a dispute on personal expenses which had been charged as company spending.
"Now is the right time to check we have the tools to make sure banks meet their obligations to New Zealanders, and the powers to enforce them", Finance Minister Grant Robertson said.
-The separate regulatory regimes for banks and non-bank deposit takers will be merged into one.
If they were to win the championship again this year, it would further strengthen their argument for equal pay. When asked if he thought Rapinoe protesting during the anthem was appropriate , he replied, "No".
Cela concerne directement Benjamin Lecomte , portier au meilleur niveau de sa carrière actuellement, et courtisé par l'AS Monaco . Auteur d'une excellente saison avec Montpellier , Ruben Aguilar pourrait bien rejoindre l'AS Monaco .
However, opening remains an area of concern as Colin Munro and Martin Guptill are yet to capitalise on good starts. They are unbeaten in the competition thus far and have nearly sealed a place in the knockouts.
Trump has criticized the central bank for keeping credit too costly and for failing to lower interest rates last week. Trump, who named Powell to a four-year term in November 2017, has gone so far as to threaten to fire Powell.
Ensuite, il faudrait encore que l'employeur de Kylian Mbappé donne son accord, jusqu'à nouvel ordre on parle donc du PSG. Comme son coéquipier, Neymar en 2016, Mbappé rêve de mener la France vers le titre olympique en 2020.
On ne sait pas pour l'instant qui remplacera ce dernier chez les Magpies, et où le coach espagnol sera la saison prochaine. Alors que son contrat expire le 30 juin, il n'est pas parvenu à trouver un accord avec sa direction pour le prolonger.
Specialty beverages, such as Tang-infused cocktails, will also be available for people traveling through Houston . Ember and Tanglewood Grille have special Apollo 11 menus featuring food that the astronauts ate on board.
Kate also spent time with Josh Evans, nine, from Liverpool talking to him about his new found love of photography. Photos of the Duchess from today's workshop show her grinning with children as she oversees them taking photos.
He claimed that, once established, taxation of marijuana could generate $800 million to $1 billion a year in taxes. It allows residents over the age of 21 to possess 30 grams of marijuana and sets up a regulated retail scheme.
Arrivé à Turin en 2017 en provenance du Paris Saint-Germain, Blaise Matuidi est lié à la Vieille Dame jusqu'en juin 2020. A première vue, rien ne semble donc indiquer que l'international français pourrait partir dès cet été au mercato.
En parallèle, la sensation du dernier exercice de Ligue 1 (22 buts et 11 passes décisives) anime la rubrique mercato. Du côté de Nicolas Pépé , on n'exclut pas un transfert à Paris tant pour des raisons familiales que sportives.
Mercato PSG: Leonardo n’abdique pas pour De Ligt
Les dirigeants turinois seraient en contacts très avancés avec Mino Raiola , le conseiller du natif de Leiderdorp. Je pense que c'est Henrique qui a réglé tout ça, car Leonardo vient juste d'être intronisé.
Le Real Madrid veut Fabián — AS
Cependant, Zinedine Zidane resterait focalisé sur Paul Pogba , de quoi laisser de l'espoir au PSG. Le premier était de faire venir des renforts à chaque et notamment des stars.
FC Nantes : Kita finalement pas vendeur
Une offre de rachat supérieure à 60 millions d'euros aurait été proposée à Waldemar Kita pour le FC Nantes . Dans un communiqué officiel, le dirigeant explique ce revirement.
In Bahrain, Kushner pushes economic plan for Mideast peace
Over the past two days, Palestinians in the occupied territories have protested against the US-led Middle East peace plan. The United Nations and most nations back the two-state solution and it has underpinned every peace plan for decades.
Australian children of ISIS fighters rescued from Syria
According to the government, up to 70 Australians are in refugee camps in Syria , the vast majority of whom are children or women. His two older sons - Abdullah, 12, and Zarqawi, 11 - are also believed to have died in the strike.