Outcomes of the Financial Sector Assessment Programme for New Zealand
This article reviews the main findings from the recent assessment of the New Zealand financial system by the International Monetary Fund, under the Financial Sector Assessment Programme (FSAP). The FSAP assessment concluded that New Zealand's financial system is currently in a strong position and that the banking supervision framework is broadly in line with international standards. The FSAP report made recommendations in four key areas of banking supervision: on-site supervision, bank failure and distress management, disclosure of information and bank corporate governance. These recommendations are largely addressed by policies currently under development within the Reserve Bank.
Volume (Year): 67 (2004)
Issue (Month): (june)
|Contact details of provider:|| Postal: |
Phone: 64 4 471-3767
Fax: 64 4 471-2270
Web page: http://www.rbnz.govt.nz
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dr Rod Carr, 2001. "Banking on capital punishment," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 64, June.
- Dr Alan Bollard, 2003. "Corporate governance in the financial sector," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 66, June.
- Geof Mortlock, 2002. "Corporate governance in the financial sector," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 65, June.
When requesting a correction, please mention this item's handle: RePEc:nzb:nzbbul:june2004:5. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Reserve Bank of New Zealand Knowledge Centre)
If references are entirely missing, you can add them using this form.