Dec 14 (Reuters) - Commonwealth Bank of Australia CBA.AX :
* NOTES RELEASE OF CONSULTATION PAPER BY RESERVE BANK OF NEW ZEALAND ON CAPITAL REQUIREMENTS OF BANKS IN NEW ZEALAND
* WILL PARTICIPATE IN CONSULTATION PROCESS THROUGH ITS NEW ZEALAND- BASED SUBSIDIARY, ASB BANK (ASB)
* DISCUSSION PAPER OUTLINES RBNZ'S PROPOSED APPROACH TO INCREASE MINIMUM LEVEL OF REGULATORY CAPITAL IN NEW ZEALAND BANKING SYSTEM
* RBNZ PROPOSES A STAGED TRANSITION OF DIFFERENT COMPONENTS OF REVISED CAPITAL FRAMEWORK OVER NEXT 5 YEARS
* RBNZ IS SEEKING SUBMISSIONS ON PROPOSALS BY 29 MARCH 2019
* CBA IS REVIEWING PAPER TO DETERMINE POTENTIAL IMPACTS ON GROUP'S CAPITAL REQUIREMENTS