✨ Banking Financial Disclosures
4 NOVEMBER 2011 NEW ZEALAND GAZETTE, No. 169 4749
Schedule 7—Full year and half year
Asset quality
Contents
| Page | ||
|---|---|---|
| 1 | Scope of asset quality disclosure | 4749 |
| 2 | Asset quality breakdown by major type of credit exposure | 4749 |
| 3 | Past due assets | 4750 |
| 4 | Movements in individually impaired assets | 4750 |
| 5 | Movements in balances of total individual credit impairment allowances | 4750 |
| 6 | Movements in balance of collective credit impairment allowance | 4751 |
| 7 | Asset quality for financial assets designated at fair value | 4751 |
| 8 | Other asset quality information | 4751 |
1 Scope of asset quality disclosure
(1) For the full year disclosure statement, the information on asset quality required to be disclosed under clauses 3 to 8 must—
(a) relate to the registered bank and its banking group; and
(b) include comparative figures for the previous corresponding period.
(2) For the half year disclosure statement, the information on asset quality required to be disclosed under clauses 3 to 8 must relate to the registered bank’s banking group.
2 Asset quality breakdown by major type of credit exposure
The information that is required to be disclosed under clauses 3 to 8 must be categorised according 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;
(ii) on balance sheet corporate exposures; and
(iii) on balance sheet exposures excluding those referred to by subparagraphs (i) and (ii) and excluding exposures to sovereigns and central banks, multilateral development banks and other international organisations, public sector entities, and banks; and
(iv) total credit exposures;
(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:
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NZ Gazette 2011, No 169
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statements Order (No 4) 2011
(continued from previous page)
💰 Finance & RevenueBanking regulation, Financial disclosures, Asset quality, Credit exposure, Impaired assets