✨ Banking Regulation
4726 NEW ZEALAND GAZETTE, No. 169 4 NOVEMBER 2011
(c) 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 information prescribed in Schedule 10;
(d) 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 information prescribed in Schedule 12; and
(e) if the registered bank has been partially accredited by the Reserve Bank to use the internal models based approach to capital adequacy and is therefore subject to conditions of registration requiring capital adequacy to be measured using a methodology based on Capital Adequacy Framework (Standardised Approach) (BS2A) and Capital Adequacy Framework (Internal Models Based Approach) (BS2B), any information set out in Schedules 10 and 12 that is applicable to that methodology.
(2) Paragraphs (b) to (e) of subclause (1) do not apply if the information is included in the financial statements prepared in accordance with clause 25.
24 Financial statements for full year accounting period
(1) A full year disclosure statement of a registered bank must contain or be accompanied by the financial statements of—
(a) the registered bank; and
(b) its banking group.
(2) The financial statements referred to in subclause (1) must be prepared in accordance with the requirements of the Financial Reporting Act 1993 as if—
(a) every reference in that Act to a group were a reference to the registered bank’s banking group; and
(b) the registered bank and its banking group do not qualify for any exemptions under any differential reporting framework that applies to them.
(3) The financial statements referred to in subclause (1) must be presented in New Zealand dollars.
25 Financial statements for half year and off quarter accounting periods
(1) The half year and off quarter disclosure statement must contain or be accompanied by interim financial statements of the registered bank’s banking group prepared in accordance with NZ IAS 34.
(2) The financial statements referred to in subclause (1) must be prepared as if the registered bank’s banking group does not qualify for any exemptions under any differential reporting framework that applies to them.
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NZ Gazette 2011, No 169
✨ LLM interpretation of page content
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Registered Bank Disclosure Statements Order (No 4) 2011
(continued from previous page)
💰 Finance & RevenueBanking regulation, Disclosure statements, Reserve Bank, Financial reporting, Publication requirements