New Zealand Gazette – 2007 – No. 21

Page 489

✨ Banking Regulations



23 FEBRUARY 2007

NEW ZEALAND GAZETTE, No. 21

489

The Reserve Bank of New Zealand Act provides for criminal and civil penalties where a bank’s disclosure statement is found to be false or misleading.
This Order in Council is administered in the Reserve Bank of New Zealand.

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Registered Bank Disclosure Statement (Off–Quarter–Overseas Incorporated Registered Banks)

Order 2007

ANAND SATYANAND, 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

  1. Interpretation
  2. Form, Frequency and Distribution of Short Form Disclosure Statement
  3. General Provisions Relating to Content of Short Form Disclosure Statement

Part II—Key Information Summary

  1. Content of Key Information Summary

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

  1. General Matters
  2. Guarantee Arrangements
  3. Conditions of Registration
  4. Credit Ratings

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

  1. Content of Financial and Supplementary Disclosures
    10A. Insurance Business
    10B. Non-Consolidated Activities
  2. Auditor’s Report
  3. The Directors’ and the New Zealand Chief Executive Officer’s Statement
  4. Financial Statements of the Overseas Bank and Overseas Banking Group

Part V—Supplemental Disclosure Statement

  1. General Matters
  2. Guarantors
  3. Conditions of Registration
  4. Financial Statements of the Overseas Bank and Overseas Banking Group
  5. Financial Statements of Insurance Business and Non-Financial Activities

Schedules

  1. Short Form Financial Statements
  2. The Size and Nature of Business of the Banking Group
  3. Capital Adequacy of the Overseas Bank and Overseas Banking Group
  4. Asset Quality
  5. Concentration of Credit Exposures to Individual Counterparties
  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 (Off–Quarter—Overseas Incorporated Registered Banks) Order 2007.

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

(3) This Order shall come into force on 30 March 2007 and replaces the Registered Bank Disclosure Statement (Off–Quarter—New Zealand Incorporated Registered Banks) Order 2005 which is hereby consequentially revoked.\n
(4) The first Short Form Disclosure Statement required by this Order in respect of a Registered Bank shall be in respect of the first Off-Quarter Balance Date which occurs after 30 March 2007.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2007, No 21


Gazette.govt.nz — PDF NZ Gazette 2007, No 21




✨ LLM interpretation of page content

💰 Registered Bank Disclosure Statement (Off–Quarter–Overseas Incorporated Registered Banks) Order 2007 (continued from previous page)

💰 Finance & Revenue
19 February 2007
Banking Regulations, Disclosure Statement, Financial Reporting, Reserve Bank of New Zealand, Overseas Banks, Banking Compliance, Financial Transparency, Definitions, Terms, Accounting Practices, Asset Quality
  • ANAND SATYANAND, Governor-General