rbnz speech, 2006-03-22
Last year, the Trans-Tasman Council on Banking Supervision was established, with a terms of reference which cover supervisory co-operation, preparedness for responding to crises that involve banks that are common to both countries, and whether legislative changes may be required to ensure APRA and the RBNZ support each other in their regulatory responsibilities, at least regulatory cost.
Sentiment: neutral
Topic: financial_stability