New Zealand Gazette – 2008 – No. 40

Page 961

✨ Banking Disclosure Requirements



27 FEBRUARY 2008
NEW ZEALAND GAZETTE, No. 40

(2) Information on movements in the balance of the collective credit impairment allowance over the accounting period or interim accounting period (as applicable), separately disclosing—

(a) opening balance; and

(b) charge (credit) to statement of financial performance for increase or decrease in the collective credit impairment allowance; and

(c) other movements, and the nature of those other movements; and

(d) closing balance.

(3) Movements must be reconciled to the charges allocated to the statement of financial performance.

11 Asset quality breakdown by major type of credit exposure

(1) The information in subclause (2) in respect of the banking group.

(2) The information that is required to be disclosed under clauses 6, 8, 9 and 10 in respect of the classes of asset specified in subclauses 5(a) and 5(b) in relation to the following types of credit exposure:

(a) if the registered bank has not been accredited by the Reserve Bank to use the internal models based approach to capital adequacy and is subject to a condition of registration requiring capital adequacy to be measured in accordance with Capital Adequacy Framework (Standardised Approach) (BS2A), the following:

(i) residential mortgage loans; and

(ii) on balance sheet corporate exposures; and

(iii) on balance sheet exposures excluding those referred to by subclauses (a)(i) and (a)(ii) and excluding exposures to sovereigns and central banks, multilateral development banks and other international organisations, public sector entities, and banks;

(b) if the registered bank has been fully accredited by the Reserve Bank to use the internal models based approach to capital adequacy and is subject to a condition of registration requiring capital adequacy to be measured primarily in accordance with Capital Adequacy Framework (Internal Models Based Approach) (BS2B), the following:

(i) exposures secured by residential mortgages; and

(ii) retail exposures as defined in Capital Adequacy Framework (Internal Models Based Approach) (BS2B), excluding those referred to by subclause (b)(i); and

(iii) corporate exposures as defined in Capital Adequacy Framework (Internal Models Based Approach) (BS2B);

(c) in any other case, residential mortgage loans as defined in the conditions of registration.



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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

💰 Registered Bank Disclosure Statement Order 2008 (continued from previous page)

💰 Finance & Revenue
Banking, Disclosure Statements, Financial Information, Credit Impairment, Asset Quality, Credit Exposure, Capital Adequacy, Residential Mortgages, Corporate Exposures