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Key liquidity policy review decisions announced
Director of Prudential Policy, Kate Le Quesne says our liquidity policy is one of a number of measures that help ensure deposit takers in New Zealand remain in sound financial condition, even in times of stress. “Our liquidity policy requires deposit takers to carefully monitor and manage their ability to make payments and to have a minimum amount of cash, or assets they can sell for cash, to make these payments,” Ms Le Quesne says. In C2 we sought feedback on three significant issues: Whether or not to adopt the international liquidity metrics that have been developed since 2010 that are used by the largest ... (full story)