About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Thursday, December 13th, 6:16PM
Latest Headlines

Reserve Bank may expand dashboard to insurance

The Reserve Bank’s says the popularity of its Financial Strength Dashboard hs exceeded expectations, and it is now looking to extend it to insurance.

Friday, October 5th 2018, 8:06AM

The Reserve Bank launched the dashboard in May. It is an online, interactive tool for sharing bank data which allows the public to better understand and compare banks’ businesses and risks.

Dashboard usage statistics show it had more visits in its first 24 hours than its predecessor typically received in an entire year.

Head of Prudential Supervision Toby Fiennes said the bank was encouraged by the response to it. “It not only challenges banks to be open and transparent with their disclosures, but also gives the public the opportunity to take an active interest in monitoring their bank’s performance,” he said.

Future work to develop the dashboard includes introducing an application programme interface to enable data to be easily mashed with other sources. A te reo Māori version of the dashboard is also planned.

Next year the Reserve Bank will explore disclosure dashboards for other sectors such as insurance and non-bank deposit takers.

Tags: Reserve Bank

« AIA congratulates GattungFMA's review of insurers pushed back »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment



Printable version  


Email to a friend
Insurance Briefs

Fidelity takes top award
Fidelity Life, New Zealand’s largest locally owned and operated life insurer, has been named 2018 Life Insurance Company of the Year for the second year running.

Southern Cross staff get wellness accreditation
Southern Cross Health Society says it has strengthened its workplace wellbeing expertise to help meet growing demand from Kiwi businesses for robust programmes to support the health of their people.

AIA trials mental wellbeing technology
AIA Australia and New Zealand is to trial a corporate health programme provided by mental health technology company Medibio, with its staff.

$50k in sports grants awarded
Former All Black Cory Jane has helped give out some of $50,000 in sports grants awarded to schools to mark the end of the six-week New Zealand’s Healthiest Schools Challenge, supported by AIA and Sovereign.

News Bites
Latest Comments
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News


Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
Site by Web Developer and eyelovedesign.com