New Zealand Gazette – 1995 – No. 135

Page 4416

✨ Banking Disclosure Regulations



4416 NEW ZEALAND GAZETTE No. 135

(vi) the aggregate amount which has been recognised; and

(vii) the aggregate amount which has not been recognised;

before deducting provisions for expected losses or provisions for diminution in asset value, and

(viii) the aggregate amount of Specific Provisions or provisions for diminution in asset value;

(ix) the aggregate amount of General Provisions (if any);

(b) the amount of interest revenue foregone over the Accounting Period or Interim Accounting Period in respect of holdings of Non-Accrual Assets and, where Material, holdings of Restructured Assets and Past Due Assets;

(c) the basis on which the amounts disclosed pursuant to clause 14 (b) of this Schedule have been calculated;

(d) information on movements in pre-provision balances over the Accounting Period or Interim Accounting Period for each of the Classes of assets set out in subparagraphs (i) to (v) of clause 14 (a), separately disclosing, where Material:

(i) pre-provision opening balance;
(ii) additions;
(iii) amounts written-off;
(iv) deletions;
(v) pre-provision closing balance;

(e) information on movements in the balances of total Specific Provisions or provisions for diminution in asset value over the Accounting Period or Interim Accounting Period, for each of the Classes of assets set out in subparagraphs (i) to (v) of clause 14 (a), separately disclosing, where Material:

(i) opening balance;
(ii) charge (credit) to the statement of financial performance for increase/decrease in Specific Provisions or provisions for diminution in asset value;
(iii) amounts written off;
(iv) write-downs of Assets Acquired Through the Enforcement of Security;
(v) recoveries of provisions and write-offs charged in previous periods;
(vi) other movements, and the nature thereof;
(vii) closing balance;

with movements reconciled to the charges allocated to the statement of financial performance; and

(f) information on movements in the balance of the General Provision over the Accounting Period or Interim Accounting Period, separately disclosing, where Material:

(i) opening balance;
(ii) charge (credit), to statement of financial performance for increase/decrease in the General Provision;
(iii) other movements, and the nature thereof;
(iv) closing balance;

with movements reconciled to the charges allocated to the statement of financial performance.

Risk Weighted Exposures

(1) Calculation of Balance Sheet Exposures

Principal Amount Risk Weight Risk Weighted Exposure
Cash and short term claims on 0%
Government
Long term claims on Government 10%
Claims on banks 20%
Claims on public sector entities 20%
Residential mortgages 50%
Other 100%
Total assets

(2) Calculation of Off-Balance Sheet Exposures

Principal Amount Credit Conversion Factor Credit Equivalent Amount Average Counterparty Risk Weight Risk Weighted Exposure
Direct credit substitutes 100%
Asset sales with recourse 100%
Commitments with certain drawdown 100%
Underwriting and sub-underwriting facilities 50%
Transaction related contingent items 50%
Short term, self liquidating trade related 20%
Other commitments to provide financial 50%
Other commitments with an original maturity 0%
Market related contracts N/A 
(a) Foreign exchange contracts
(b) Interest rate contracts

Second Schedule

The Size and Nature of Business of the Registered Bank and Banking Group

The General Disclosure Statement shall contain the information specified below, in such format as the Registered Bank determines, derived in accordance with the Reserve Bank document entitled “Capital Adequacy Framework” (BS2) as amended from time to time, in respect of the Registered Bank and the Banking Group as at the Balance Date.



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✨ LLM interpretation of page content

💰 Registered Bank Disclosure Statement (Full and Half-Year—Overseas Incorporated Registered Banks) Order 1995 (continued from previous page)

💰 Finance & Revenue
14 November 1995
Banking Disclosure, Overseas Banks, Financial Statements, Capital Adequacy, Risk Management, Reserve Bank of New Zealand