20180001
10 January 2018
Harry Smith
[FYI request #7063 email]
Dear Harry Smith
On 27 December 2017 we received your OIA request as per below:
1. All internal communications, reports, recommendations and draft documents,
relating to the findings of the IMF Financial Sector Assessment Program (FSAP)
reports, including technical notes on Contingency Planning and Crisis
Management Framework, released in May 2017, and all communications with the
IMF and Ministers of the Crown in respect thereof.
2. All research, communications and recommendations in respect of Crown retail
deposit guarantees/insurance and wholesale bank guarantees since 1 January
2010.
3. All assessments, papers, advice (including internal and external legal advice),
drafts in respect of Open Bank Resolution (OBR), including required/proposed
amendments to the Reserve Bank of New Zealand Act 1989, and fulfillment of
any actions/recommendations determined by cabinet. This should include all
working papers in respect of the Regulatory Impact Assessments (RIA) for OBR
and any reassessment of that RIA as part of the revision of Financial Stability
Department document BS11 (Outsourcing Policy).
4. All information, reports, policies in respect of crisis management planning
relating to the failure of a large New Zealand bank, including scenario and
strawman assumptions.
Furthermore, I seek the following specific papers
5. Paper to Minister of Finance on additional funding required to implement FSAP
recommendations.
6. Paper to Minister of Finance seeking Cabinet approval to consult on OBR de
minimis model.”
As your request was received by the Treasury on 27 December 2017, it fell within the
shutdown period as specified within the provisions of the Official Information Act as the
period from 25 December to 15 January inclusive.
Hence it is deemed that your request was received by Treasury on the first working day
of the New Year, i.e. 15 January 2017 and will be dealt with in accordance with the Act.
The Treasury will not publish your personal contact details or use the information for
any reason other than processing your request. The personal information you provide
will be subject to the requirements of the Privacy Act 1993 and the Official Information
Act 1982.
Yours sincerely
Apurva Mahire
Ministerial Advisor
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