Tag: angus_mcgregor
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RBNZ and FMA Set Supervisory Expectations on Cyber and AI Risks
New Zealand's financial regulators outline expectations for regulated entities on cyber risk from frontier AI, covering increased threats, governance challenges and third-party concentration risk.
BusinessScience & TechnologyBankingArtificial IntelligenceComputers and InternetFinancial MarketsLegal Reserve Bank of New ZealandFinancial Markets AuthorityCyber SecurityAngus McGregorLouise UngerFinancial Regulation
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APRA and RBNZ Complete First Joint Trans-Tasman Bank Stress Test Since 2017
APRA and RBNZ complete their first joint stress test since 2017, finding trans-Tasman banking systems would stay resilient through a severe downturn, and will consider running the exercise more regularly.
BusinessBankingFinancial MarketsEconomyAustralia APRAReserve Bank of New ZealandTrans-Tasman Stress Testbanking regulationfinancial stabilityTherese McCarthy HockeyAngus McGregor