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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

Reserve Bank says three of the big four banks are compliant

Reserve Bank says Westpac's non-compliance was serious.

Jenny Ruth
Thu, 30 Nov 2017

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

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Jenny Ruth
Thu, 30 Nov 2017
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Reserve Bank says three of the big four banks are compliant
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