rbnz speech, 2006-03-22
The general principles we aspire to in all that we do with our prudential regulation role thus include:- Keeping efficiency issues at the centre of our attention;- Utilising the synergies amongst our monetary policy, macro prudential, supervision and market operation roles;- Maintaining a system overview as well as knowing individual institutions well;- Seeking to utilise market forces as far as possible rather than oppose them;- Recognising that we have many common interests with supervised institutions;- Using incentive-based techniques as much as possible; and- Making sure that we maintain high analytical standards in our regulatory design.
Sentiment: neutral
Topic: financial_stability