Reserve Bank says three of the big four banks are compliant
Reserve Bank says Westpac's non-compliance was serious.
Hot Topic
Summer features
The Reserve Bank says three of the four major banks have been complying with its requirement that all their internal models for calculating capital be approved by the central bank.
Earlier this month, the Reserve Bank censured Westpac for using 17 unapproved models out of a total of 35 and
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Thu, 30 Nov 2017
Thu, 30 Nov 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Reserve Bank says three of the big four banks are compliant
72045