Financial Regulation Amendment




27 MARCH 2008

NEW ZEALAND GAZETTE, No. 64

1865

  1. Clause 2 of Schedule 4A amended—Clause 2 of Schedule 4A is amended by revoking subclause (2) and substituting the following subclause:

“(2) The following information at the off-quarter balance date:

(1) Calculation of on-balance-sheet exposures

Total exposure after credit risk mitigation Risk Weight Risk Weighted Exposure Minimum Pillar One Capital Requirement
Cash and gold bullion 0%
Sovereigns and Central Banks 0%
20%
50%
100%
150%
Multilateral Development Banks and Other International Organisations 0%
20%
50%
100%
150%
Public Sector Entities 20%
50%
100%
150%
Banks 20%
50%
100%
150%
Corporate 20%
50%
100%
150%
Residential Mortgages not past due 35%
50%
75%
Past due residential mortgages 100%
Other past due assets 100%
150%
Equity holdings (not deducted from capital) that are publicly traded 300%
All other equity holdings (not deducted from capital) 400%
Other assets 100%

(2) Calculation of Off-Balance Sheet Exposures

Total Exposure Credit Conversion Factor Credit Equivalent Amount Average risk weight Risk Weighted Exposure Minimum Pillar One Capital Requirement
Direct credit substitute 100%
Asset sale with recourse 100%
Forward asset purchase 100%
Commitment with certain drawdown 100%
Note issuance facility 50%
Revolving underwriting facility 50%
Performance-related contingency 50%
Trade-related contingency 20%
Placements of forward deposits 100%


Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2008, No 64


Gazette.govt.nz PDF NZ Gazette 2008, No 64





✨ LLM interpretation of page content

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

💰 Finance & Revenue
25 March 2008
Reserve Bank, Disclosure Statement, Amendment Order, New Zealand Incorporated Registered Banks, Financial Regulation