NZ: Deposit Takers (Related Party Exposures) Standard¶


Regulator	RBNZ
Jurisdiction	NZ
Status	Draft — not yet in force
Applicability	Platform

The DTA Related Party Exposures Standard is a non-core standard under the Deposit Takers Act 2023. It replaces BS8 (Connected Exposures Policy) and sets the requirements for identifying, measuring, and limiting a deposit taker's exposures to related parties, including parent entities, subsidiaries, major shareholders, directors, and their associates.

An exposure draft is expected as part of Tranche 3. The standard takes effect 1 December 2028. Until then, BS8 remains the operative requirement. See nz-bs8.

Compliance register¶

This register maps every material obligation under the standard to the platform control or institutional process that satisfies it.

Scope legend¶

Symbol	Meaning
🤖 Automated	Platform enforces or performs the obligation. Primary control mode is GATE, AUTO, CALC, or ALERT. Human action is not required in the normal case.
📊 Evidenced	Platform captures the evidence trail automatically. Human compliance decision sits on top. Primary control mode is LOG.
🏛 Institutional	Obligation is met by a process entirely outside the platform — board governance, treasury, legal. Platform may generate evidence inputs but does not own the process.
N/A	Obligation does not apply to this deployment configuration.

Build legend¶

Symbol	Meaning
✅	Module built and deployed
🔨	Module planned — not yet built (`build_status: Not started`)
❌	Uncontrolled gap — no module attributed

Ref	Obligation	Scope	Policy	Platform controls	Build
S1	Identify all related parties using the definitions in the standard — group entities, significant shareholders, directors, and their associates	📊 Evidenced	GOV-009	MOD-147 (CALC) — related party status determined from CDD profile and UBO linkage; no manual aggregation required	🔨
S2	Calculate aggregate related party exposures using the prescribed methodology on a continuous basis	🤖 Automated	GOV-009	MOD-147 (CALC) — exposures calculated continuously as a percentage of Tier 1 capital; Tier 1 denominator sourced live from MOD-033	🔨

Exposure limits¶

Ref	Obligation	Scope	Policy	Platform controls	Build
S3	Ensure no single related party exposure exceeds the individual limit (expected to align with current BS8: 15% of Tier 1 capital)	🤖 Automated	GOV-009	MOD-147 (ALERT) — alert generated when any single related party exposure approaches or breaches the regulatory limit, giving the board time to act before a breach occurs	🔨
S4	Ensure aggregate related party exposures do not exceed the total group limit specified in the standard	🤖 Automated	GOV-009	MOD-147 (CALC) — aggregate exposure percentage tracked continuously against both individual and aggregate limits	🔨
S5	Transact with related parties on arm's length terms unless otherwise permitted	🏛 Institutional	GOV-009	Board credit committee reviews and approves related party transactions above threshold; MOD-147 provides the current exposure position as an input to that decision	—

Approval and reporting¶

Ref	Obligation	Scope	Policy	Platform controls	Build
S6	Obtain board and, where required, RBNZ approval before entering transactions that would breach permitted limits	🏛 Institutional	GOV-009	Board/credit committee decision is institutional; MOD-147 provides exposure data and pre-breach alerts as board inputs	—
S7	Disclose related party exposures in periodic disclosure statements	🤖 Automated	GOV-009	MOD-036 (AUTO) — prudential return builder populates related party exposure disclosures from MOD-147 output	🔨
S8	Report related party positions to the RBNZ on the prescribed schedule	🤖 Automated	GOV-009	MOD-036 (AUTO) — regulatory return compiled and submitted automatically on schedule	🔨

Institutional obligations (not platform scope)¶

Obligation	Owner	Platform evidence input
Board credit committee approval of related party transactions	Board / Company Secretary	MOD-147 provides live exposure percentages as board input
Arm's length terms assessment and documentation	Company Secretary / Legal	MOD-147 provides transaction log and exposure history
Regulatory correspondence with RBNZ on limit waiver requests	Company Secretary	MOD-036 provides data extracts for RBNZ submission

Coverage summary¶

Area	Total obligations	Platform automated 🤖	Platform evidenced 📊	Institutional 🏛
Related party identification	2	1	1	0
Exposure limits	3	2	0	1
Approval and reporting	3	2	0	1
Total	8	5 (63%)	1 (13%)	2 (25%)

All attributed modules are currently build_status: Not started — the compliance position will update as modules are built and deployed.

Policy	Title
GOV-009	Related Party Transactions Policy

See D08 Governance & Accountability for the full risk domain.

Official documentation¶

RBNZ DTA Standards
NZ: BS8 Connected Exposures Policy (current operative requirement until 2028)

Policies referencing this standard¶

GOV-009 — Related Party Transactions Policy

Compiled 2026-05-22 from source/entities/regulations/nz-dta-related-party-exposures.yaml