RBNZ floats idea of bank regulatory dashboard

Bringing regulatory disclosures together in one place could impose market discipline, RBNZ says

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RBNZ: better disclosure would boost market discipline

The Reserve Bank of New Zealand (RBNZ) has raised the possibility of creating a "dashboard" for banks' regulatory disclosures, allowing a "side-by-side comparison" of the most important indicators.

To assemble the dashboard, the RBNZ would require banks to submit quarterly disclosures of regulatory data, which it would then publish on its website, according to plans laid out in a consultation document on September 23.

The central bank proposes to include credit ratings, financial performance

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