✨ Financial Regulations
4786 NEW ZEALAND GAZETTE, No. 169 4 NOVEMBER 2011
(2) For the purposes of clause 8, the peak end-of-day aggregate amount of funding is the maximum end-of-day aggregate amount of funding over the full year accounting period, divided by—
(a) in the case of clause 8(2), the registered bank’s banking group’s tier one capital as at the balance date;
(b) in the case of clause 8(3), the total assets as at the balance date of the individual entity to which the registered bank’s banking group has provided funding.
(3) A statement of the methods used to derive peak ratio information.
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NZ Gazette 2011, No 169
✨ LLM interpretation of page content
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Method for deriving peak end-of-day amount of funding in aggregate and individually in clause 8
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💰 Finance & RevenueFunding calculation, Banking regulations, Securities purchase