We will therefore be reviewing our supervisory engagement model for these banks in tandem with the ECB this year in order to address these findings and take action as necessary.
The SOI sets out the objectives for the next three years and the budget for the first year of that period.3 Our latest Statement of Intent,4 5released today, sets out our strategic priorities for the next three years and outlines how we will continue our role as kaitiaki of New Zealand’s financial ecosystem.