New Zealand Gazette – 2008 – No. 40

Page 1121

✨ Bank Disclosure Requirements



27 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 40 1121

Schedule 2

Information to be included in general short form disclosure statement

Contents

Page
1 Name and address for service of registered bank..................................... 1121
2 Details of overseas bank .......................................................................... 1121
3 Changes in overseas bank’s board of directors ........................................ 1121
4 Details of ultimate parent bank and ultimate holding company .............. 1121
5 Subordination of claims of creditors ........................................................ 1122
6 Requirement to hold excess assets over deposit liabilities....................... 1122
7 Requirement to maintain sufficient assets to cover ongoing obligation
to pay deposit liabilities ........................................................................... 1122
8 Guarantees ............................................................................................... 1122
9 Details of guarantor.................................................................................. 1122
10 Details of guaranteed obligations............................................................. 1123
11 Availability of copy of full guarantee contract ........................................ 1123
12 Material cross guarantees......................................................................... 1124
13 Conditions of registration......................................................................... 1124
14 Credit rating ............................................................................................. 1125
15 Insurance business ................................................................................... 1125
16 Non-consolidated activities...................................................................... 1125
17 Directors’ and New Zealand chief executive officer’s statements ........... 1126
18 Financial statements of overseas bank and overseas banking group........ 1126
19 Absence of supplemental disclosure statement........................................ 1127
20 Auditor’s report........................................................................................ 1127

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1

Name and address for service of registered bank

The name and address for service of the registered bank.

2

Details of overseas bank

The name and the address of the overseas bank’s principal office, or place of business, outside New Zealand.

3

Changes in overseas bank’s board of directors

(1) A statement whether there have been any changes in the composition of the overseas bank’s board of directors since the date on which the signing of the previous disclosure statement is completed, and if so, the changes involved, and the name of each director affected by the changes.

(2) If applicable, the name of each director, and the New Zealand chief executive officer, on whose behalf each responsible person has signed the short form disclosure statement.

4

Details of ultimate parent bank and ultimate holding company

If applicable,—

(a) the name and address for service of the ultimate parent bank of the overseas bank; and

(b) the name and address for service of the ultimate holding company of the overseas bank; and

(c) a summary of any regulations, legislation, or other restrictions of a legally enforceable nature that may materially inhibit the legal ability of the bodies



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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

💰 Schedule of key information summary requirements for registered banks (continued from previous page)

💰 Finance & Revenue
Bank Disclosure, Financial Statements, Overseas Bank, Banking Group, Supplemental Disclosure Statement, General Short Form Disclosure Statement, Auditor's Report, Financial Transparency, Compliance, Disclosure Requirements