✨ Banking Regulations
4 NOVEMBER 2011 NEW ZEALAND GAZETTE, No. 169 4775
(b) derived in accordance with the conditions of registration relating to capital adequacy.
(2) The following information at the reporting date:
| Total capital requirement | |
|---|---|
| Operational risk | |
| Market risk | |
| Supervisory adjustment |
(3) For the purpose of the disclosure required by subclause (2), supervisory adjustment means an additional capital requirement (if any) imposed in the conditions of registration.
7 Additional mortgage information
(1) The information in subclause (2)—
(a) in respect of the registered bank’s banking group; and
(b) in respect of total exposures secured by residential mortgages as used to calculate the registered bank’s Pillar 1 capital requirement for credit risk, categorised by loan-to-valuation ratio.
(2) The following information at the reporting date:
Residential mortgages by loan-to-valuation ratio
| Loan-to-valuation ratio | Does not exceed 60% | Exceeds 60% and not 70% | Exceeds 70% and not 80% | Exceeds 80% and not 90% | Exceeds 90% |
|---|---|---|---|---|---|
| Value of exposures |
(3) For the purpose of the disclosure required by subclause (2)—
(a) exposure amounts for which no loan-to-valuation ratio is available must be included in the category for loan-to-valuation ratios that exceed 90%;
(b) in calculating the total exposure amount in relation to any residential mortgage loan, the registered bank must include the credit equivalent amount of any off-balance sheet exposures as used in the capital calculation; and
(c) the valuation used in the calculation of each loan-to-valuation ratio must be the valuation of the associated residential property at the date of origination of the loan.
(4) A description of the main assumptions used in preparing the information required by subclause (2).
8 Pillar 2 capital for other material risks
(1) The information in subclause (2)—
(a) in respect of the registered bank’s banking group; and
(b) derived in accordance with the conditions of registration relating to capital adequacy.
(2) The following information as at the reporting date:
(a) internal capital allocation for other material risks; and
(b) a summary description of the risks covered by the internal capital allocation for other material risks.
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NZ Gazette 2011, No 169
✨ LLM interpretation of page content
💰
Capital requirements for other risks
(continued from previous page)
💰 Finance & RevenueCapital requirements, Other risks, Banking regulations
💰 Additional mortgage information
💰 Finance & RevenueMortgage information, Loan-to-valuation ratio, Banking regulations
💰 Pillar 2 capital for other material risks
💰 Finance & RevenuePillar 2 capital, Material risks, Banking regulations