RBNZ's capital proposal, the grand finale ...
Tomorrow at noon, the RBNZ will reveal its bank capital plans. After many years, the RBNZ will likely decide to increase capital requirements to 17 percent for all banks, with a 1 percent add-on for systemically important banks.
Having contributed to capital rules for the Basel Committee and the European Union, for me, most of the discussions on New Zeal…
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