30 June 2024: New Zealand banks face updated disclosure requirements, including dual reporting and additional credit risk disclosures.

Starting 30 June 2024, New Zealand's incorporated registered banks will face updated disclosure requirements. Key changes involve 'dual reporting' by banks that use internal ratings-based models for credit risk, requiring them to disclose actual capital requirements alongside non-modelled equivalent capital requirements. Other changes include additional counterparty credit risk disclosures and minor alterations.

June 26, 2024
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