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General Business
4 mins to read
7

RBNZ requires third-party review of ANZ capital

Regulator orders independent review of capital models and board controls.

Tim Hunter Mon, 24 Jun 2019

The Reserve Bank has ordered ANZ to commission an independent report on its capital models and director attestation process after delivering a censure for non-compliance last month.

In a statement, RBNZ governor Adrian Orr said the regulator was engaging constructively with the ANZ New Zealand

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Tim Hunter Mon, 24 Jun 2019
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
anz RBNZ Adrian Orr Sir John Key
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