In 2016 the International Monetary Fund (IMF) visited New Zealand to conduct a Financial Sector Assessment Program (FSAP) of this country’s financial system. New Zealand’s last assessment by the IMF was completed over a decade ago in 2003/2004.
This was a great opportunity for us to be benchmarked against international principles to show how much progress we have made since the last mission, and to receive some recommendations and feedback from the IMF.
We have now received the IMF’s review of and report on our securities regulation (MIS) and financial market infrastructure and insurance conduct.
The IMF has published their Financial System Stability Assessment (FSSA) for New Zealand and technical notes.