June 24 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX :
* ANZ BANK NEW ZEALAND WILL WORK WITH RESERVE BANK OF NEW ZEALAND ON INDEPENDENT REVIEWS OF ITS CAPITAL MODELS
* AS AT 31 MARCH 2019, ANZ NZ HELD OVER $12.4 BILLION OF CAPITAL, ALMOST $3.5 BILLION MORE THAN REGULATORY REQUIREMENT.
* ANZ NZ WILL WORK WITH RBNZ UNDER SECTION 95 TO COMMISSION INDEPENDENT THIRD PARTY TO LOOK AT ITS COMPLIANCE WITH CAPITAL ADEQUACY REQUIREMENTS
* ANZ NZ WILL ALSO WORK WITH RBNZ ON INDEPENDENT REVIEWS OF ITS DIRECTORS' ATTESTATION AND ASSURANCE FRAMEWORK