Story perspectives

New Financial Policy Committee Formed by New Zealand Reserve Bank

1/16/2026

Summary

Story summary

The Reserve Bank of New Zealand established a new Financial Policy Committee to strengthen financial stability.
The committee includes external members Heidi Richards, a former APRA executive, and Prasanna Gai, a professor at Auckland University.
Reserve Bank governor Anna Breman serves on the Financial Policy Committee alongside other board members.
The Financial Policy Committee will set prudential requirements and macro-prudential policies.
Its first meeting is scheduled for late February 2026.

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Story summary

The Reserve Bank of New Zealand established a new Financial Policy Committee to strengthen financial stability.
The committee includes external members Heidi Richards, a former APRA executive, and Prasanna Gai, a professor at Auckland University.
Reserve Bank governor Anna Breman serves on the Financial Policy Committee alongside other board members.
The Financial Policy Committee will set prudential requirements and macro-prudential policies.
Its first meeting is scheduled for late February 2026.