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Proposed levy to fund Reserve Bank prudential regulation

The Reserve Bank seeks feedback on making regulated financial institutions pay the costs of prudential regulation and supervision through a levy.

Closing date
16 October 2026 at 5pm

Closed 3 days ago

Added to Civics
14 October 2026
Source category
Other public body
Last checked
14 October 2026

Plain-English summary

The Reserve Bank seeks feedback on making regulated financial institutions pay the costs of prudential regulation and supervision through a levy.

The proposed levy would recover relevant prudential costs from deposit takers, insurers and financial market infrastructure operators.

Feedback is sought on which costs qualify, how costs should be shared between sectors and individual entities, and administration. Final decisions would inform levy regulations.

The suggested questions are editorial prompts; use the official paper for the complete consultation questions.

Detailed sector formulas, financial estimates and transitional exceptions require further technical review.

Why it matters

The proposal changes who pays for financial regulation and supervision.

Who may care

  • Regulated institutions, their customers and industry organisations

How to make a submission

  1. Email policy.consultation@rbnz.govt.nz by 5pm on 16 October 2026. Read the official paper for the full questions and submission-publication arrangements.

Disclaimer

Civics.nz is an independent plain-English guide and is not an official government website. Always check the official source before making a submission.