✨ Banking Disclosure Requirements
1088
NEW ZEALAND GAZETTE, No. 40
27 FEBRUARY 2008
(2) To avoid doubt, the disclosure required by clauses 6 to 8
includes financial assets designated as at fair value through
profit and loss, where applicable.
6 Aggregate amounts
(1) The information in subclause (2) in respect of the registered
bank and banking group for each of the classes of assets set
out in clause 5.
(2) The following information as at the balance date:
(a) the aggregate amount that has been recognised, before
deducting allowances for credit impairment loss or
allowances for impairment loss created in respect of
non-financial assets where applicable; and
(b) the aggregate amount of individual credit impairment
allowances or allowances for impairment loss created in
respect of non-financial assets.
(3) The information in subclause (4) in respect of the registered
bank and banking group for each of the classes of assets set out
in subclauses (a), (b), (f) and (g) of clause 5.
(4) The aggregate amount as at the balance date of any undrawn
balances on lending commitments to counterparties for whom
drawn balances fall within that class of assets, before deducting
allowances for credit impairment loss where applicable.
(5) The information that is required to be disclosed under
subclauses (2) and (4) must include comparative figures for the
previous corresponding period.
7 Amount of interest revenue foregone
(1) The information in subclause (2) in respect of the registered
bank and banking group for holdings of other individually
impaired assets and holdings of restructured assets and 90 day
past due assets.
(2) The following information:
(a) the amount of interest revenue foregone over the
accounting period or interim accounting period (as
applicable):
(b) the basis on which the amount of interest revenue
foregone has been calculated.
(3) The information that is required to be disclosed under subclause
(2)(a) must include comparative figures for the previous
corresponding period.
8 Movements in pre-allowance balances
(1) The information in subclause (2) in respect of the registered
bank and banking group for each of the classes of assets set out
in clause 5.
(2) Information on movements in pre-allowance balances over the
accounting period or interim accounting period (as applicable),
separately disclosing—
(a) pre-allowance opening balance; and
(b) additions; and
(c) amounts written-off; and
(d) deletions; and
(e) pre-allowance closing balance.
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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
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Banking Disclosure Requirements
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💰 Finance & RevenueDisclosure Statement, Banking, Financial Statements, Supplemental Disclosure, Auditor's Report, Risk Management, Aggregate Amounts, Interest Revenue, Pre-Allowance Balances