New Zealand Gazette – 2008 – No. 40

Page 1049

✨ Financial Regulations



27 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 40 1049

5 Peak end-of-day aggregate amount of funding provided to individual entity

(1) The peak end-of-day aggregate amount of funding provided by the banking group over the first quarter accounting period or the most recent quarter of the third quarter accounting period (as applicable) to any individual entity that conducts the activities specified in clause 2, or on whose behalf the banking group conducts activities specified in clause 2(c).

(2) The peak end-of-day aggregate amount of funding—

(a) includes funding provided by the purchase of securities issued by entities that conduct the activities specified in clause 2, or on whose behalf the banking group conducts the activities specified in clause 2(c); and

(b) must be expressed as an amount and as a percentage of the amount of assets of the individual entity to which the funding has been provided by the banking group.

(3) The information that is required to be disclosed under this clause must include comparative figures for the previous corresponding period.

6 Method for deriving peak end-of-day aggregate amount of funding in clause 5

(1) For the purposes of clause 5, the peak end-of-day aggregate amount of funding provided to an individual entity over the first quarter accounting period or the most recent quarter of the third quarter accounting period (as applicable) is derived by determining—

(a) the maximum end-of-day aggregate amount of funding provided over the quarter; and

(b) then dividing that amount by—

    (i) the amount of the entity’s assets as at the end of the quarter; or

    (ii)    the amount of the entity’s assets as at the date the maximum end-of-day aggregate amount of funding occurred.

(2) A statement of the method used to derive peak ratio information.

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Schedule 8
Risk management policies

Contents Page
1 Categories of risk.....................................................................................1050
2 Information about risks...........................................................................1050



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 40


Gazette.govt.nz — PDF NZ Gazette 2008, No 40




✨ LLM interpretation of page content

💰 Peak end-of-day aggregate amount of funding provided to individual entity (continued from previous page)

💰 Finance & Revenue
Funding, Aggregate amount, Banking group, Peak end-of-day, Comparative figures

💰 Method for deriving peak end-of-day aggregate amount of funding

💰 Finance & Revenue
Funding, Aggregate amount, Banking group, Peak end-of-day, Method derivation

💰 Schedule 8: Risk management policies

💰 Finance & Revenue
Risk management, Policies, Categories of risk, Information about risks