New Zealand Gazette – 2005 – No. 35

Page 920

✨ Banking Regulations



920 NEW ZEALAND GAZETTE, No. 35 11 FEBRUARY 2005

  1. Deposits and other borrowings
  2. Deferred tax liability
  3. Other liabilities
  4. Total liabilities and shareholders’ funds
  5. General provision
  6. Total interest earning and discount bearing assets
  7. Total interest and discount bearing liabilities
  8. Where assets presented in the statement of financial position have been used to secure any obligations, the nature and
    amount of those assets
  9. The nature and amount of any assets not legally owned but presented in the statement of financial position

Second Schedule

Capital Adequacy of the Banking Group

  1. The information required to be disclosed pursuant to clause 4 of this Schedule shall include comparative figures for the previous corresponding period.

  2. The General Short Form Disclosure Statement shall contain the information specified below, in such format as the Registered Bank determines, derived in accordance with the Conditions of Registration relating to capital adequacy and the Reserve Bank document entitled Capital Adequacy Framework (BS2) as amended from time to time, in respect of the Banking Group as at the Off-Quarter Balance Date.

Capital

Tier one capital (before deductions)
Less: Deductions from tier one capital
Plus: Other adjustments to tier one capital
Total Tier One Capital

Upper tier two capital
Less: Deductions from upper tier two capital (specify each deduction)
Plus: Other adjustments to upper tier two capital (specify each adjustment)
Lower tier two capital
Total Tier Two Capital

Total of Tier One Capital and tier two capital
Less: Deductions from total capital
Plus: Other adjustments to total capital
Capital

  1. The General Short Form Disclosure Statement shall contain the information specified below, in such format as the Registered Bank determines, derived in accordance with the Conditions of Registration relating to capital adequacy and the Reserve Bank document entitled Capital Adequacy Framework (BS2) as amended from time to time, in respect of the Banking Group as at the Off-Quarter Balance Date.

Risk Weighted Exposures

(1) Calculation of Balance Sheet Exposures

Amount Risk Weight Risk Weighted Exposure
Cash and short term claims on Government 0%
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

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 contingencies 20%
Other commitments to provide financial services which have an original maturity of 1 year or more 50%


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 35


Gazette.govt.nz — PDF NZ Gazette 2005, No 35




✨ LLM interpretation of page content

💰 Registered Bank Disclosure Statement (Off-Quarter-New Zealand Incorporated Registered Banks) Order 2005 (continued from previous page)

💰 Finance & Revenue
7 February 2005
Banking, Disclosure Statements, Registered Banks, Regulations, Financial Instruments, Interest Rate Exposure, Risk Weights, Netting Criteria, Key Information Summary, Credit Rating, Profitability, Capital Adequacy, Asset Quality