Liquidity Policy Review: Consultation Paper #1 (Issues and Scoping)

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Reserve Bank of New Zealand

NZBA agrees that this is an appropriate time to review the liquidity policy (BS13). International best practice has evolved since 2010 when BS13 was introduced. Our members have had extensive correspondence with the RBNZ since 2010 on areas of the current BS13 that would benefit from clarification. We commend the RBNZ’s intention to consider the issues our members have raised.

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