New Zealand Gazette – 2008 – No. 40

Page 1097

✨ Financial and Risk Management Disclosures



27 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 40

1097

(a) the establishment, marketing, or sponsorship of trust,
custodial, funds management, and other fiduciary
activities; and

(b) the origination of securitised assets, and the marketing
or servicing of securitisation schemes; and

(c) the marketing and distribution of insurance
products.

3

Arrangements to ensure no adverse impacts arising from activities specified in clause 2

A statement as to whether arrangements have been put in place
to ensure that difficulties arising from the activities specified in
clause 2 would not impact adversely on the banking group, and
if so, the nature of those arrangements.

4

Amounts represented by activities specified in clause 2(a) and (b)

(1) A statement of the amount as at the balance date of—

(a) funds held in trust by any member of the banking group;
    and

(b) funds under management by any member of the banking
    group; and

(c) funds under custodial arrangements by any member of
    the banking group (to the extent practicable); and

(d) other funds held or managed subject to fiduciary
    responsibilities by any member of the banking group;
    and

(e) outstanding securitised assets originated by any member
    of the banking group.

(2) The information that is required to be disclosed under subclause
(1) must include comparative figures for the previous
corresponding period.

Schedule 8
Risk management policies

Contents Page

1 Categories of risk.....................................................................1097

2 Information about risk..............................................................1098

3 Reviews of banking group’s risk management systems.....................1098

4 Internal audit function of banking group.......................................1098

5 Access to parental disclosures....................................................1098

1

Categories of risk

Clause 2 applies to the following categories of risk:

(a) credit risk, including concentrations of credit risk, intraday credit risk, credit risk to bank counterparties, and
related party credit risk:

(b) currency risk:



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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

💰 Securitisation and fiduciary activities schedule (continued from previous page)

💰 Finance & Revenue
Securitisation, Funds Management, Fiduciary Activities, Insurance Products, Risk Management

💰 Risk management policies schedule

💰 Finance & Revenue
Risk Management, Credit Risk, Currency Risk, Risk Policies