✨ Bank Disclosure Requirements
27 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 40 1013
Schedule 1
Information to be included in key information summary
| Contents | Page |
|---|---|
| 1 | Introductory statement for customers of registered bank... 1013 |
| 2 | Corporate information... 1013 |
| 3 | Credit rating... 1013 |
| 4 | Profitability... 1014 |
| 5 | Size... 1014 |
| 6 | Capital adequacy... 1014 |
| 7 | Asset quality... 1014 |
| 8 | Peak credit exposure concentrations... 1015 |
| 9 | Credit exposure to connected persons... 1015 |
| 10 | Statement about availability of general short form disclosure |
| statement and supplemental disclosure statement... 1016 | |
| 11 | Auditor’s report... 1016 |
1
Introductory statement for customers of registered bank
The following statement:
"The purpose of this key information summary is to provide customers and potential customers with information about the financial condition of their bank.
Neither the New Zealand Government nor the Reserve Bank of New Zealand guarantees or insures bank deposits.
The information contained in the key information summary is explained in the Reserve Bank publication Your Bank’s Disclosure Statement - What’s In It For You? That publication can be obtained from the *[Reserve Bank]* *[Reserve Bank and the [name of registered bank]].*"
*Delete if not applicable
2
Corporate information
The following information:
(a) the name of the registered bank;
(b) if applicable, the name of any person that is the ultimate parent bank of the registered bank and its country of domicile;
(c) if applicable, the name of any person that is the ultimate holding company of the registered bank and its country of domicile.
3
Credit rating
If the registered bank is required, by a notice given to it under section 80 of the Act, to obtain or maintain a rating of its creditworthiness or financial condition by a person nominated or approved by the Reserve Bank, with respect to each rating obtained or maintained by the registered bank that complies
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 40
Gazette.govt.nz —
NZ Gazette 2008, No 40
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statement Order 2008
(continued from previous page)
💰 Finance & Revenue25 February 2008
Banking, Disclosure requirements, Financial statements, Shareholders, Currency disclosure, Key information summary, General short form disclosure statement, Supplemental disclosure statement, Capital adequacy, Guarantee contracts, Financial statements of guarantor