01953cas a2200241 a 4500 AALejournalIMF017640 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475599909 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. New Zealand : Financial Sector Assessment Program: Technical Note-Macroprudential Institutional Framework and Policies. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (34 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Technical Note assesses the macroprudential institutional framework and policies in New Zealand. New Zealand has a strong institutional framework for macroprudential policy. This framework is based on a clear mandate for financial stability operationally clarified by a memorandum of understanding. The Reserve Bank of New Zealand is the single prudential regulator with responsibility and authority for supervision of financial institutions and macroprudential policies. A clear mandate for financial stability, independent decision making, transparent communication, and external accountability form the basis of the strong framework that was put in place. Institutional arrangements could be strengthened further by making the procedures to adjust the macroprudential framework more transparent. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/118 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/118/002.2017.issue-118-en.xml IMF e-Library