Should the RBNZ enforce banking sector type standalone capability on NZ's big Australian owned insurers?

RBNZ says it 'actively & continuously' monitors areas such as bank capital after IMF paper suggests higher capital requirements for NZ's 'too big to fail' banks

UBS downgrades ASB's parent CBA to 'sell' from 'neutral' citing market cap topping A$100b & 'stretched' valuation metrics; Cites 1980s Tokyo Imperial Palace valuation

NZ's four 'too big to fail' banks ought to hold more capital to cover any potential major shocks such as a hard landing in China, IMF paper says

How HSBC became the 'preferred financial institution for drug traffickers and money launderers' yet escapes any criminal prosecution in a classic 'moral hazard' case

Spanish bank and Standard Chartered added to global list of 'too big to fail' banks, Lloyds, Germany's Commerzbank and troubled Dexia removed

The rise & rise of ASB's parent Commonwealth Bank of Australia; It's now valued at almost twice as much as the entire NZ sharemarket and at 57% of NZ GDP

Fitch sees potential for worse deals for customers, riskier activities & regulatory arbitrage from 'too big to fail banks' needing US$566b to meet Basel III rules

RBNZ sets out to ensure shareholders and creditors absorb cost of any bank failure not taxpayers

G20 delays policies to police too big to fail institutions; will monitor Basel III impact on trade finance