GTR 79951849
Request for Proposal For Dcs Alternative Deposit Taker (Adt)
NCB — National Competitive Bid
Closed
Australia and New Zealand
Tender Information
GTR Reference
79951849
Tendering Authority
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Tender No
2195
Financer Name
Self-Funded
Work Title
Request for Proposal For Dcs Alternative Deposit Taker (Adt)
Bid Type
NCB — National Competitive Bid
Country
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Geographical Region
Australia and New Zealand
Political Region
Asia Pacific Economic Cooperation APEC,APAC Asia Pacific
Last Date of Bid Submission
06-06-2024
Closed
Work Detail
Request for Proposals (RFP) for Dcs Alternative Deposit Taker (Adt) Open Date: Thursday, 2 May 2024 2:30 PM (Pacific/Auckland UTC+12:00) Close Date: Thursday, 6 June 2024 2:00 PM (Pacific/Auckland UTC+12:00) Tender Type: Request for Proposals (RFP) Tender Coverage: Sole Agency Regions: New Zealand Required Pre-qualifications: None Overview: The Deposit Takers Act 2023 (DTA) will contribute to New Zealands financial stability and New Zealanders well-being and prosperity, by ensuring the safety and soundness of the deposit-taking sector. The new legislation brings New Zealand into line with our international peers and will give New Zealanders the confidence that their eligible deposits are protected. To deliver our obligations under the Deposit Takers Act, from mid-2025, we will be introducing a Depositor Compensation Scheme (DCS) to protect up to $100,000 per depositor (customer) per deposit taker (financial institution) in the event of a failure. There is an opportunity for an Alternative Deposit Taker (ADT) to support us during a payout event to help facilitate the payment of compensation to depositors of a failed Deposit Taker on behalf of the DCS. Tender Link : https://www.gets.govt.nz/RBNZ/ExternalTenderDetails.htm?id=29326339
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