Outcomes of the Financial Sector Assessment Programme for New Zealand

Michael Gordon
Additional contact information
Michael Gordon: Reserve Bank of New Zealand

Reserve Bank of New Zealand Bulletin, 2004, vol. 67, No 2

Abstract: 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.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.rbnz.govt.nz/-/media/ReserveBank/Files/ ... 04june67-2gordon.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbbul:june2004:5

Access Statistics for this article

More articles in Reserve Bank of New Zealand Bulletin from Reserve Bank of New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Reserve Bank of New Zealand Knowledge Centre ().