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On June 18, 2026, the Reserve Bank of New Zealand (RBNZ) opened consultations on six draft standards and a crisis preparedness policy package for deposit takers under the Deposit Takers Act 2023 (DTA) . The consultation package covers draft standards and guidance on: Capital Standard: Sets minimum capital requirements for deposit takers in New Zealand, intended to ensure that deposit takers can absorb losses and remain resilient during economic shocks. It covers capital requirements, components of capital, credit risk, credit risk mitigation, market risk, operational risk, funds management, securitisation, insurance and loan transfers. It will replace existing capital requirements for registered banks in the Banking Prudential Requirements and for non-bank deposit takers under the Non-Bank Deposit Takers Act 2013 . The draft is largely based on existing Banking Prudential Requirements (BPRs), amended for DTA policy decisions and the 2025 Capital Review, but it intends to redraft the Capital Standard more fully after DTA implementation to improve clarity. Internal Models Standard: Sets methods for calculating risk-weighted assets and expected losses, which feed into capital ratio calculations under the Capital Standard. It will replace existing internal ratings-based capital requirements currently found in BPR133 and BPR134, and includes elements of BPR130 . Operational Resilience Standard: designed to ensure deposit takers can manage operational risk and remain resilient during disruption. It covers four main areas: operational risk management, ICT and cyber risk, material service providers, and business continuity planning. RBNZ notes this should be read together with the Outsourcing Standard where both apply. Outsourcing Standard: Sets risk-mitigation requirements for third-party arrangements that support critical operations. It is particularly focused on ensuring that outsourcing does not obstruct resolution if a deposit taker fails or is separated from its wider group. Required outcomes include maintaining daily clearing and settlement obligations, monitoring financial positions, giving RBNZ/resolution managers access to systems and data, and continuing basic banking services for existing customers. The standard includes requirements such as prescribed contractual terms, parallel rights or direct contracts with independent third parties, back-up capability or alternatives, and RBNZ approval for certain material service provider arrangements, back-up capability, alternative arrangements and separation plans. It will replace most of the existing BS11 Outsourcing Policy , with some requirements instead moved into the Operational Resilience Standard. Disclosure Standard: Sets requirements for prudential disclosure statements that certain deposit takers must publish. This tranche adds disclosure content on risk management, counterparty exposures, capital adequacy and fiduciary activities such as insurance business. Related Party Exposures Standard: Addresses financial-stability risks from deposit takers’ exposures to related parties, such as directors, senior managers, close family members or entities with significant influence over the deposit taker. It includes quantitative and qualitative requirements, including maximum exposure limits and requirements that related-party transactions be on the same terms as ordinary third-party transactions. It replaces the existing connected exposure requirements for registered banks under BS8 and the related-party exposure requirements for NBDTs under the Deposit Takers (Credit Ratings, Capital Ratios, and Related Party Exposures) Regulations 2010 . An updated version of the tranche 2 draft. RBNZ is asking stakeholders to focus on the additional sections, not to resubmit feedback already given on tranche 2 content. It also includes a definition of “credit rating” intended to apply to all deposit takers.