* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, June 10, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

    Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

    Cisco Partners with Monumental Sports & Entertainment to Power New D.C. Arena – Cisco Newsroom

    Cisco Teams Up with Monumental Sports & Entertainment to Revolutionize the New D.C. Arena Experience

    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

    Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

    Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    SunHydrogen Unveils Large Hydrogen Reactor in Houston – Fuel Cells Works

    SunHydrogen Launches Groundbreaking Large-Scale Hydrogen Reactor in Houston

    Technology, Labor Rights, and Political Power in Kenya and Across Africa – Tech Policy Press

    How Technology is Shaping Labor Rights and Political Power Across Africa

    Reeves to Announce £86 Billion for Science and Technology in Spending Review – Bloomberg

    Reeves Set to Unveil Groundbreaking £86 Billion Investment in Science and Technology!

    Innovation at Scale: How P&G Transforms Business Through Technology – Procter & Gamble

    Revolutionizing Business: P&G’s Bold Journey into Technological Innovation

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

    Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

    Cisco Partners with Monumental Sports & Entertainment to Power New D.C. Arena – Cisco Newsroom

    Cisco Teams Up with Monumental Sports & Entertainment to Revolutionize the New D.C. Arena Experience

    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

    Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

    Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    SunHydrogen Unveils Large Hydrogen Reactor in Houston – Fuel Cells Works

    SunHydrogen Launches Groundbreaking Large-Scale Hydrogen Reactor in Houston

    Technology, Labor Rights, and Political Power in Kenya and Across Africa – Tech Policy Press

    How Technology is Shaping Labor Rights and Political Power Across Africa

    Reeves to Announce £86 Billion for Science and Technology in Spending Review – Bloomberg

    Reeves Set to Unveil Groundbreaking £86 Billion Investment in Science and Technology!

    Innovation at Scale: How P&G Transforms Business Through Technology – Procter & Gamble

    Revolutionizing Business: P&G’s Bold Journey into Technological Innovation

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

RBNZ shuns Commerce Commission idea of reviewing banks’ capital framework

April 23, 2024
in Business
RBNZ shuns Commerce Commission idea of reviewing banks’ capital framework
Share on FacebookShare on Twitter

Navigation for News Categories

Logos for the four Australian-owned banks in New Zealand.

The RBNZ says initiatives like open banking, easier switching and multi-banking will improve competition.
Photo: RNZ

The Reserve Bank disagrees with the Commerce Commission’s belief that banks’ high capital requirements need to be reviewed again to improve banking competition.

In the commission’s draft report into banking competition, it said banks’ capital requirements were the “most significant regulatory barrier” and hurt competition by making it harder for new players to enter the market and grow.

But in its submission, the Reserve Bank (RBNZ) took a different stance.

The central bank disagreed with the commission’s view and its recommendation for another look at the rules around capital requirements, RBNZ deputy governor Christian Hawkesby said.

“The current bank capital framework is the result of a careful and extensive review process that occurred recently and is still being phased in,” Hawkesby said.

“The review included consideration of competition, and resulted in several changes to support levelling the playing field between large and small banks, while preserving the risk sensitivity of capital requirements.”

Assistant Governor of Reserve Bankr Christian Hawkesby.

RBNZ deputy governor Christian Hawkesby says competition in banking can be achieved by “disruption through innovation”.
Photo: RNZ / Dom Thomas

When the Reserve Bank last looked at banks’ capital requirements, the big four Australian-owned banks – ANZ, ASB, BNZ and Westpac – were told to raise the amount of capital they held from 10.5 percent of their loans to 18 percent.

Smaller banks would have to hold a minimum of 16 percent of capital.

Hawkesby also warned changes to its risk-weighting rules would only lead to “very marginal benefits to competition, and could have unintended consequences and put us out of step with international regulatory approaches”.

“We note the introduction of the https://www.rnz.co.nz/news/business/492951/new-law-will-ensure-more-security-for-bank-deposits-from-next-year Deposit Takers Act 2023], including its principles and our new proportionality framework, provides a clear scope to consider competition in our decision-making going forward.

“In our view, the best way to drive competition that benefits customers is through promoting an ecosystem that enables and incentivises disruption through innovation by all banks.”

The Commerce Commission recommended the government set a firm deadline of 2026 to make it easier for people to shift between banks and accelerate https://www.rnz.co.nz/news/business/512353/no-silver-bullet-to-make-banking-sector-more-competitive-banking-expert-minister open banking].

The RBNZ agreed open banking would help competition.

“Combined initiatives like open banking, easier switching and multi-banking, and improved financial literacy are likely to be mutually reinforcing,” Hawkesby said.

“Easier switching and multi-banking will make it easier for consumers to move to providers offering innovations through more open banking.

“But these issues are complex and will require clear leadership, direction and prioritisation from government and industry, and resourcing to deliver. We are keen to be part of these efforts,” Hawkesby said.

Get the RNZ app

for ad-free news and current affairs

Download from Apple App Store
Download from Google Play Store

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/business/515075/rbnz-shuns-commerce-commission-idea-of-reviewing-banks-capital-framework

Tags: businessCommerceshuns
Previous Post

First home buyers pick up quarter of properties for sale in March

Next Post

Mice cause havoc on ship carrying 1.2m trays of Zespri kiwifruit to Europe

Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

June 10, 2025
Judge signs settlement; colleges to pay athletes – ESPN

Judge signs settlement; colleges to pay athletes – ESPN

June 10, 2025
Across China: Chinese island’s ocean-friendly changes deliver dual gains in ecology, economy – Xinhua

Across China: Chinese island’s ocean-friendly changes deliver dual gains in ecology, economy – Xinhua

June 10, 2025
How Trump’s ‘gold standard’ politicizes federal science – The Conversation

How Trump’s ‘gold standard’ politicizes federal science – The Conversation

June 10, 2025
Summer science camps for kids at Exploration Place – KSN-TV

Summer science camps for kids at Exploration Place – KSN-TV

June 10, 2025
Vivrelle raises $62 million Series C round – Fortune

Vivrelle raises $62 million Series C round – Fortune

June 10, 2025
After Copa América ‘disaster,’ FIFA is using Club World Cup to be ready for 2026 – ESPN

After Copa América Setback, FIFA Focuses on Club World Cup to Gear Up for 2026

June 10, 2025
Big 4: Drivers that will power India’s economy – The Economic Times

Big 4: Drivers that will power India’s economy – The Economic Times

June 10, 2025
Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

June 10, 2025
Texas teens face mental health crisis as majority lack services – WOAI

Texas teens face mental health crisis as majority lack services – WOAI

June 10, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (679)
  • Economy (693)
  • Entertainment (21,598)
  • General (15,304)
  • Health (9,735)
  • Lifestyle (697)
  • News (22,149)
  • People (694)
  • Politics (700)
  • Science (15,912)
  • Sports (21,196)
  • Technology (15,680)
  • World (678)

Recent News

Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

June 10, 2025
Judge signs settlement; colleges to pay athletes – ESPN

Judge signs settlement; colleges to pay athletes – ESPN

June 10, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version