11 FEBRUARY 2005

NEW ZEALAND GAZETTE, No. 35

931

14A. Insurance Business
14B. Non-Consolidated Activities
15. Auditor’s Report
16. Other Material Matters
17. The Directors’ and the New Zealand Chief Executive Officer’s Statement
18. Financial Statements of the Overseas Bank and Overseas Banking Group

Part V—Supplemental Disclosure Statement
19. General Matters
20. Guarantors
21. Conditions of Registration
22. Financial Statements of the Overseas Bank and Overseas Banking Group
23. Financial Statements of Insurance Business and Non-Financial Activities

Schedules

1. Supplementary Financial Disclosures and Asset Quality
2. The Size and Nature of Business of the Registered Bank and Banking Group
3. Capital Adequacy of the Overseas Bank and Overseas Banking Group
4. Concentration of Credit Exposures to Individual Counterparties
5. Securitisation, Funds Management, Other Fiduciary Activities and the Marketing and Distribution of Insurance Products
6. Risk Management Policies
7. Exposures to Market Risk
8. Measurement of Market Risk Exposure

Order

1. Title, Application and Commencement—(1) This Order may be cited as the Registered Bank Disclosure Statement
   (Full and Half–Year—Overseas Incorporated Registered Banks) Order 2005.

(2) This Order applies to every Registered Bank incorporated overseas.

(3) This Order shall come into force on 30 March 2005 and replaces the Registered Bank Disclosure Statement (Full and
Half–Year—Overseas Incorporated Registered Banks) Order 1998 which is hereby consequentially revoked.

(4) The first Disclosure Statement required by this Order in respect of a Registered Bank shall be in respect of the first
Balance Date which occurs after 30 March 2005, or in respect of a Registered Bank which becomes a Registered Bank after 30
March 2005, shall be in respect of such date (whether before or after the date of registration) as the Reserve Bank shall
determine.

(5) Where the Reserve Bank, pursuant to clause 1 (4) of this Order, determines the date in respect of which a Disclosure
Statement shall be published, a reference in this Order to a Balance Date shall be read as if it were a reference to that date.

Part I
Preliminary

2. Interpretation—(1) Any term or expression used in this Order that is not defined in this Order:

(a) which is defined in the Act shall, unless the context otherwise requires, have the meaning given to it by the
Act;

(b) which is not defined in the Act and which is defined in the Conditions of Registration shall, unless the context
otherwise requires, have the meaning given to it by the Conditions of Registration; and

(c) which is not defined in the Act or in the Conditions of Registration shall, unless the context otherwise
requires, be interpreted in compliance with generally accepted accounting practice (as that term is defined in
section 3 of the Financial Reporting Act 1993).

(2) References in this Order to the singular include the plural and vice versa.

(3) In this Order a reference to an ‘FRS’ is a reference to a Financial Reporting Standard approved, or given authoritative
support from time to time, by the Accounting Standards Review Board pursuant to the Financial Reporting Act 1993.

(4) In this Order, unless the context otherwise requires:
“Accounting Period” has the meaning set out in the Companies Act 1993.
“Act” means the Reserve Bank of New Zealand Act 1989.
“Address for Service” in relation to:

(a) an individual, means the address of their usual place of business in New Zealand or, if no such address exists,
the address of their usual place of business outside New Zealand;

(b) a company within the meaning of section 2 (1) of the Companies Act 1993, means the address for service
adopted by the company under section 192 of that Act;

(c) any other entity, means the address of its principal office or principal place of business in New Zealand or, if
no such address exists, its principal office or principal place of business outside New Zealand.
“Aggregate Equity Exposure” means the aggregate amount of Equity Exposure to all currencies.
“Aggregate Foreign Currency Exposure” means the aggregate amount of Foreign Currency Exposure to all currencies
other than New Zealand dollars.
“Aggregate Interest Rate Exposure” means the aggregate amount of Interest Rate Exposure to all currencies.
“Aggregate Market Risk Exposure” means exposure to all, or any, of Aggregate Equity Exposure, Aggregate Foreign
Currency Exposure and Aggregate Interest Rate Exposure.