New Zealand : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation

Author/Editor:

International Monetary Fund

Publication Date:

May 5, 2004

Electronic Access:

Free Full text (PDF file size is 478 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper presents key findings of the Financial System Stability Assessment for New Zealand, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation. The assessment reveals that New Zealand has a profitable and well-functioning financial system, operating in a framework of well-developed financial markets. Short-term risks to stability appear low, given the favorable macroeconomic outlook, and sound and transparent financial policies. Stress tests for systemically important banks show resilience consistent with the sector’s relatively high levels of capital and profits.

Series:

Country Report No. 04/126

Subject:

English

Publication Date:

May 5, 2004

ISBN/ISSN:

9781451830194/1934-7685

Stock No:

1NZLEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

47

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