Open Bank Resolution (OBR) is a long-standing Reserve Bank policy aimed at allowing a distressed bank to be kept open for business, while placing the cost of a bank failure primarily on the bank’s shareholders and creditors, rather than the taxpayer.
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Banks news & updates
Nov 2017 Banks
On 14 November 2017 the Reserve Bank published a follow-up consultation paper on changes to bank disclosure requirements, to complement the new Dashboard approach to quarterly disclosure and to implement other decisions taken in the Regulatory Stocktake. View the Dashboard page.