Based on our discussions with banks thus far, areas of special attention may include the breadth and depth of internal audit and loan review and the consistency and timeliness of internal ratings. The overall supervisory review process is likely to be familiar: verification of internal processes and procedures, coupled with some degree of transaction testing.
Tukutuku panels also feature more prominently, weaving important cultural and symbolic meaning into the banknote designs. Designing, developing, printing and rolling out new banknotes involves many partnerships and moving parts.