OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Reserve Bank acting to bolster financial system resilience
Financial system vulnerabilities remain elevated and more effort is required to ensure that the system remains resilient over the longer-term, Reserve Bank Governor Adrian Orr says in releasing the November Financial Stability Report. International risks to…
Insurance sector must evolve in line with increased…
Building public confidence in the insurance sector requires more effort from all industry participants, Reserve Bank of New Zealand Governor Adrian Orr said in a speech to the Insurance Council of New Zealand today. Through…
FMA and RBNZ disappointed with insurers response to…
The Reserve Bank of New Zealand (RBNZ) and Financial Markets Authority (FMA) today released their findings on life insurers’ responses to the joint Conduct and Culture Review. Overall, the regulators were disappointed by the responses.…
The Reserve Bank Embraces the Future
At a speech delivered in Auckland this morning to the Financial Services Institute of Australasia (FINSIA), Reserve Bank Governor Adrian Orr outlined the bank’s vision to be ‘a great team and the best central bank’.…
Reserve Bank shaping up to be Great Team,…
The Reserve Bank of New Zealand is outlining its vision, purpose, and values which will ensure that we are well equipped to deliver on our commitments in the Statement of Intent 2019-2022 released today. Reserve…
Banks commit to removing sales incentives for frontline…
The FMA and Reserve Bank of New Zealand said today that all banks had committed to remove sales incentives from frontline staff and their managers. Last year’s report by the FMA and RBNZ on banking…
Handbook supports transition to new monetary policy framework
New Zealand’s new monetary policy framework, which comes into effect today, is supported by a handbook developed by the Reserve Bank. Recent amendments to the Reserve Bank Act 1989 saw the addition of an employment…
Expertise on Reserve Bank committee means strong focus…
News release issued by the Minister of Finance A new independent decision-making body at the Reserve Bank brings a broad range of experience to important decisions like setting interest rates and how monetary policy can…