New Zealand's central bank has revoked Australia and New Zealand Banking Gr...
WELLINGTON - New Zealand’s central bank has revoked Australia and New Zealand Banking Group’s local license to calculate its own operational risk capital due to “persistent” control failures, adding to the bank’s minimum capital requirement in the country.
ANZ’s New Zealand unit would now be required to use the central bank’s standardized approach for calculating operational risk, raising its minimum capital requirement to NZ$760 million , the RBNZ said in a statement.ANZ is the biggest of the four Australian-owned banks that dominate the New Zealand market.
The operational risk model is one of several used by ANZ to asses its risk capital, a spokeswoman for the bank said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Facebook restricts Live feature, citing New Zealand shootingFacebook Inc said on Tuesday it was tightening rules around its livestreaming fe...
Baca lebih lajut »
Facebook changes livestream rules after New Zealand shootingStarting Wednesday, users who break Facebook's 'most serious policies' will be immediately banned from using Facebook Live for a period of time
Baca lebih lajut »
New Zealand and France unveil plans to tackle online extremism without the US on boardNew Zealand's and France's leaders unveiled plans to rein in tech companies over the unfettered sharing of toxic content online.
Baca lebih lajut »
New Zealand Prime Minister Jacinda Ardern Does 'Not Understand' U.S. Resistance to Gun ControlNew Zealand Prime Minister says she does 'not understand the United States' on guns
Baca lebih lajut »
On visit to New Zealand mosque, U.N. chief vows to combat growing hate speechUnited Nations Secretary-General Antonio Guterres aims to draw up a global plan ...
Baca lebih lajut »
Vodafone offloads New Zealand business to Brookfield, Infratil for $2.36 billionVodafone Group Plc said on Monday that it had agreed to sell its New Zealand bus...
Baca lebih lajut »
New Zealand PM targets online hate after mosque attacksNew Zealand's leader Jacinda Ardern will join other world leaders in launching a 'Christchurch call' to curb online extremism at an international meeting in Paris on Wednesday, following the worst mass killing in her country's recent history. Participants will be asked to commit to
Baca lebih lajut »
France, New Zealand to launch a call to end online extremismThe leaders of France and New Zealand will make a joint push to eliminate acts of violent extremism from being shown online, in a meeting with tech leaders in Paris on Wednesday
Baca lebih lajut »
UN leader arrives in New Zealand on climate change tripUN Secretary-General Antonio Guterres says that the political will to fight climate change seems to be fading at the same time as things are getting worse for those feeling the effects
Baca lebih lajut »