
TMM - News
Bank capital rules delayed until 2022

Wednesday 11th of November 2020
The RBNZ's strict new capital rules have been pushed back from July next year to July 2022. They were originally set to come into effect this year.
The central bank said a delay of the capital adequacy regime would give banks “continued headroom to respond to the effects of the Covid-19 pandemic and to support the economic recovery”.
The Reserve Bank said the dec...
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