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Brief
Summary
The Trans-Tasman Council on Banking Supervision (TTBC) held a meeting on December 6, 2023, in Wellington, New Zealand. The meeting focused on trans-Tasman banking supervision, regulation, insurance, and climate change. TTBC members discussed recent policy announcements, significant work to be undertaken, and economic conditions in New Zealand and Australia. Key areas of discussion included insurance and climate change, the future of money and payments, and crisis preparedness and management. The meeting concluded with an agreement on the TTBC's work plan for 2024, which includes continued information sharing and collaboration on key issues, as well as a review of the TTBC Memorandum of Cooperation.
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