MacroAug 10, 2026, 9:28 PM

RBNZ Proposes New Prudential Levy for Full Cost Recovery

The Reserve Bank of New Zealand is seeking feedback on a new levy to recover prudential costs from banks, insurers, and other financial institutions.

The Reserve Bank of New Zealand (RBNZ) has released a consultation document proposing a new prudential levy aimed at achieving full cost recovery for its prudential activities.

The levy would apply to banks, non-bank deposit takers, insurers, and financial market infrastructures.

The consultation seeks industry feedback on the proposal.

Source: First Squawk

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