Former Reserve Bank official says fewer bank reports would buck Basel lll

RBNZ has proposed dropping the first and third quarter disclosure statements, leaving the banks reporting their six monthly and annual results only.

Jenny Ruth
Fri, 25 Sep 2015

The man who led the team at the Reserve Bank that introduced the current disclosure regime for banks in the 1990s says less frequent disclosure by banks would buck the international trend toward more disclosure by banks.

The Reserve Bank has proposed dropping the first and third quarter disclosure

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