418 NEW ZEALAND GAZETTE, No. 21 23 FEBRUARY 2007

Registered Bank Disclosure Statement (Full and Half–Year—New Zealand Incorporated Registered Banks) Order 2007

ANAND SATYANAND AND His Excellency the Governor-General

ORDER IN COUNCIL

At Wellington this 19th day of February 2007

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

Pursuant to section 81(1) of the Reserve Bank of New Zealand Act 1989, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, and on the advice of the Minister of Finance given in accordance with a recommendation of the Reserve Bank of New Zealand, hereby makes the following Order.

Analysis

1. Title, Application and Commencement

Part I—Preliminary

2. Interpretation

3. Form, Frequency and Distribution of Disclosure Statement

4. General Provisions Relating to Content of Disclosure Statement

Part II—Key Information Summary

5. Content of Key Information Summary

Part III—General Disclosures to be Contained in General Disclosure Statement

6. General Matters

7. Guarantee Arrangements

8. Registered Bank: Directorate and Auditors

9. Conditions of Registration

10. Pending Proceedings or Arbitration

11. Credit Ratings

Part IV—Financial and Supplementary Disclosures to be Contained in General Disclosure Statement

12. Content of Financial and Supplementary Disclosures

13. Historical Summary of Financial Statements

14. Members of Banking Group

14A. Insurance Business

15. Auditor’s Report

16. Other Material Matters

17. The Directors’ Statement

Part V—Supplemental Disclosure Statement

18. General Matters

19. Guarantors

20. Conditions of Registration

21. Bilateral Netting Agreements

Schedules

1. Supplementary Financial Disclosures and Asset Quality

2. Capital Adequacy of the Registered Bank and the Banking Group

3. Concentration of Credit Exposures to Individual Counterparties

4. Credit Exposures to Connected Persons

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—New Zealand Incorporated Registered Banks) Order 2007.

(2) This Order applies to every Registered Bank incorporated in New Zealand.

(3) This Order shall come into force on 30 March 2007 and replaces the Registered Bank Disclosure Statement (Full and Half-Year—New Zealand Incorporated Registered Banks) Order 2005 which is hereby consequentially revoked.\n
(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 2007, or in respect of a Registered Bank which becomes a Registered Bank after 30 March 2007, 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.