Kia ora, 

  

Thank you for contacting the Reserve Bank of New Zealand - Te Pūtea
Matua.  

Please note that this is an automatic reply to acknowledge that we have
received your email. We aim to respond to you in 7-14 working days. In the
meantime please read the below for our frequently asked questions. 

 

Upcoming Monetary Policy Announcements  

See all the Monetary Policy Announcement and Financial Stability Report
dates for 2022/2023 [1]here.  

Money & Cash  

* [2]Returning old or damaged currency 
* [3]The Future of Cash  
* [4]Security and counterfeit detection 
* [5]Using images of currency   

Banknote or coin suggestions   

If your email is offering suggestions related to banknote or coin designs
then it will be kept for review as part of any future work in this area.  

Who we are and what we do  

We are kaitiaki (guardians) of New Zealand’s financial ecosystem, working
to fulfil our purpose of Toitu te Ōhanga, Toitu te Oranga (enabling the
prosperity and wellbeing of all New Zealanders). We deliver on our mandate
by: 

* [6]Operating monetary policy to maintain low and stable inflation and
contribute to maximum sustainable employment 
* [7]Promoting a sound and efficient financial system 
* [8]Meeting the public’s cash needs 
* [9]Overseeing effective payments systems 

 

Statistics  

For any queries or clarifications on the [10]data and statistics we
publish, please email [11][email address].  

 

Firms we regulate  

The Reserve Bank is the prudential regulator of banks, insurers, and
non-bank deposit takers (NBDTs).  

* [12]List of registered banks in New Zealand 
* [13]List of licensed insurers  
* [14]Register of licensed NBDTs 

 

Complaints about banks, insurers, and NBDTs 

If you have a complaint, please deal directly with your bank or insurer in
the first instance. You can also contact the [15]Banking Ombudsman,
the [16]Insurance and Financial Services Ombudsman, or the [17]Financial
Markets Authority. 

 

Looking for information about the strength of the financial system?  

Check out our [18]Bank Financial Strength Dashboard. You can also read our
regular assessments of the economy and the financial system: 

* [19]Monetary Policy Statement 
* [20]Financial Stability Report  

 

Please note that the Reserve Bank is not authorised to give legal or
financial advice. Please contact a lawyer or a financial adviser
instead.  

 

Kōrero – our speaking and engagement programme 

 

Reserve Bank staff meet and speak with a wide range of businesses,
industry forums, community groups, schools and universities. These
engagements are welcome opportunities to discuss topical issues and
policies, hear people’s experiences and answer questions.  

 

Please check out the [21]Kōrero webpage for more information on the
programme. To request a speaker, please email [22][email address].  

 

 

We’ll be in touch as soon as possible. 

 

 

Kind regards | Ngā mihi nui 

 

Reserve Bank of New Zealand – Te Pūtea Matua   

2 The Terrace, Wellington 6011. PO Box 2498, Wellington 6140       

T + 04 471 3660 

E [23][RBNZ request email]   W [24]rbnz.govt.nz 

References

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Dear Chris,

It appears that we have missed your initial request made on 30 September
2022 and I do apologise for this. Thank you for bringing this to our
attention.

We will begin to process your request and aim to respond to your request
as soon as possible and in any event no later than 16 January 2023, being
20 working days from today.
Please note that the days between 25 December to 15 January (inclusive)
contain no ‘working days’ as defined under the OIA. This means that over
the holiday period, responses to OIA requests may take longer than
expected.

If we are unable to respond to your request by then, we will notify you of
an extension of that timeframe.

Official information request for Central Bank Digital Currency
information.

Your official information request is for:

·         Summary of submissions / reporting / recommendations surrounding
the future of money consultation

·         Please provide cost / benefit analysis of digital currency - to
include estimate on how much going cashless is likely to shrink economy

·         Impact assessment on homeless who rely on change - if one is not
done why not

·         Impact assessment on civil liberties\

·         National security assessment based on hacking, totalitarian
governments (ie our current government using this against us)

Ultimately, all consultation around something New Zealanders don’t want
but will likely be forced on the public due to us taking instruction from
global interests who New Zealanders have never elected but seem to run our
country by decree

 

Charges for providing official information and publishing responses

The Official Information Act allows charges to be imposed for the
preparation of information that we send in response to requests. The
Reserve Bank is resourced to meet disclosure obligations for a reasonable
level of requests and generally will not impose charges for small, simple
or infrequent requests. Where the request is for information that requires
substantial collation, research and preparation work, and is chargeable,
we will work with you first to refine the request to a smaller scale or
scope that is less likely to involve charges.

 

Responses to official information requests are published on the Reserve
Bank’s website. We will confirm in our decision letter to you whether we
intend to publish our response to your request.

 

Further information about charges and publishing responses is available on
our website at
[1]www.rbnz.govt.nz/research-and-publications/official-information-requests.

 

Yours sincerely,

 

Marie

Communications and Engagement Coordinator

Government and Industry Relations

Reserve Bank of New Zealand – [3]Text Description automatically generated
Te Pūtea Matua
[4]cid:image010.png@01D7593A.4FF7BCD0   
2 The Terrace, Wellington
6011. PO Box 2498, Wellington
6140

W [2]rbnz.govt.nz

 

 

From: Chris McCashin <[5][FYI request #20715 email]>
Sent: Friday, 25 November 2022 12:02 pm
To: RBNZ Info <[6][RBNZ request email]>
Subject: Re: Official Information request - Central Bank Digital Currency

 

Dear Reserve Bank of New Zealand,

Please provide a response to this request - it is overdue

Yours faithfully,

Chris McCashin

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Please use this email address for all replies to this request:
[7][FYI request #20715 email]

Disclaimer: This message and any reply that you make will be published on
the internet. Our privacy and copyright policies:
[8]https://fyi.org.nz/help/officers

If you find this service useful as an Official Information officer, please
ask your web manager to link to us from your organisation's OIA or LGOIMA
page.

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References

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Good morning Chris

 

Please see attached our response to your request made under the Official
Information Act.

 

Best regards,

 

Government & Industry Relations

Reserve Bank of New Zealand – [1]cid:image019.png@01D75622.D76B9DF0
Te Pûtea Matua
 
2 The Terrace, Wellington
6011. PO Box 2498, Wellington [2][IMG] [3][IMG] [4][IMG] [5][IMG] [6][IMG]
6140

 

 

References

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6. https://www.instagram.com/reservebankofnz/