Reserve Bank Of New Zealand Delays Start Date For Increases In Bank Capital Nov 11 (Reuters) – * RBNZ DELAYS START DATE FOR INCREASES IN BANK CAPITAL * RBNZ – INCREASE IN PRUDENTIAL CAPITAL BUFFER WILL NOT BEGIN UNTIL JULY 2022 * RBNZ – FURTHER DELAYING START OF INCREASES IN BANK CAPITAL UNTIL 2022 TO ALLOW BANKS CONTINUED HEADROOM TO RESPOND TO EFFECTS OF COVID-19 PANDEMIC * RBNZ – REMAINS COMMITTED TO INCREASING CAPITAL REQUIREMENTS IN THE MEDIUM-TERM TO UNDERPIN FINANCIAL STABILITY * RBNZ – OTHER ASPECTS OF CAPITAL REFORMS WILL PROCEED FROM 1 JULY 2021, INCLUDING NEW RULES AROUND CAPITAL INSTRUMENTS * RBNZ – IN DEC, RESERVE BANK WILL CONSULT ABOUT RE-INSTATING LOAN-TO-VALUE RATIO RESTRICTIONS ON HIGH-RISK LENDING FROM 1 MARCH 2021 * RBNZ – WRITTEN TO INSURERS TO ADVISE IT HAS UPDATED EXPECTATIONS ON DIVIDENDS * RBNZ – RESTRICTIONS ON DIVIDENDS & REDEEMING NON-COMMON EQUITY TIER 1 CAPITAL INSTRUMENTS TO BE RETAINED UNTIL 31 MARCH 2021, OR LATER IF NEEDED * RBNZ – EXPECTS INSURERS WILL ONLY MAKE DIVIDEND PAYMENTS IF IT IS PRUDENT TO DO SO, HAVING REGARD TO THEIR OWN STRESS TESTING AND ELEVATED RISKS Source text https://www.rbnz.govt.nz/news/2020/11/further-regulatory-steps-to-promote-cashflow-confidence-and-stability 2020-11-10 21:37:55
© 2020 Thomson Reuters.All rights reserved.Reuters content is the intellectual property of Thomson Reuters or its third party content providers.Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon.
“Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Most read today What is RSS? » Risk Disclosure: Sharenet will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals.Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Currency trading on margin involves high risk, and is not suitable for all investors.Trading or investing in crypto currencies carries with it potential risks.Prices of crypto currencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.Crypto currencies are not suitable for all investors.Before deciding to trade foreign exchange or any other financial instrument or crypto currencies you should carefully consider your investment objectives, level of experience, and risk appetite.Sharenet would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
All CFDs (stocks, indexes, futures), Forex and crypto currencies prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes.Therefore Sharenet doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.
Sharenet may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics.The calculation/derivation may include underlying JSE data.Sharenet Group of Companies are authorised financial services providers.
Sharenet Securities FSP#: 28430 | Sharenet Wealth FSP#: 41688 © 2020 SHARENET (PTY) Ltd, Cape Town, South Africa.
