BRIEF-RBNZ Says First Stage Of Liquidity Policy Review Has Shown Broad Support For Review

Reserve Bank of New Zealand: * FIRST STAGE OF RESERVE BANK'S LIQUIDITY POLICY REVIEW HAS SHOWN BROAD SUPPORT FOR REVIEW

* SUBMITTERS ALSO GENERALLY AGREED WITH PROPOSED SCOPING OF REVIEW * INTEND TO ISSUE AT LEAST THREE MORE CONSULTATION PAPERS AS PART OF THE LIQUIDITY POLICY REVIEW

* SECOND CONSULTATION PAPER DUE TO BE RELEASED LATER THIS YEAR * SUBMITTERS ASKED WE CONSIDER BROADER PRUDENTIAL LANDSCAPE, INCLUDING IMPLEMENTATION OF FORTHCOMING DEPOSIT TAKERS ACT

* IN RESPONSE TO FEEDBACK RECEIVED, WE ALSO AMENDED ONE OF OUR REVIEW PRINCIPLES Further company coverage:

Also Read: BRIEF-RBNZ Publishes‘Review Version’ Of Insurance Interim Solvency Standard