7 June 2024
Simon Smith
[FYI request #26535 email]
Dear Simon,
We refer to your request of 24 April 2024 seeking the fol owing under the Official Information Act
1982 (OIA):
•
I write regarding your recent press release regarding the Commerce Commissions "Market
Study into personal banking services"
•
Please share any internal correspondence that helped formulate the part of the response
related to capital settings for banks, and how they vary between large (big 4) and smaller
banks
We have decided to grant your request with some information withheld under section 9(2)(g)(i) of
the OIA.
In making our decision, we have considered the public interest considerations in section 9(1) of the
OIA.
It wil however take us some time to prepare the information for release. We anticipate we wil be
able to send you the information within one week, so no later than 14 June 2024.
You have the right to seek an investigation and review by the Ombudsman of this decision.
Information about how to make a complaint is available at
www.ombudsman.parliament.nz or
freephone 0800 802 602.
Yours sincerely
Government and Industry Relations
Reserve Bank of New Zealand – Te Pūtea Matua