RBNZ steps up BNZ supervision after capital calculation breaches

The Reserve Bank says it has stepped up its supervisory monitoring of Bank of New Zealand after identifying weaknesses in the bank's capital calculation processes. RBNZ says it's also applying "precautionary adjustments" to BNZ's capital requirements, increasing the risk weight floor on its opera... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/rbnz-steps-up-bnz-supervision-after-capital-calculation-breaches

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