✨ Financial Disclosures
2164 NEW ZEALAND GAZETTE, No. 87 24 JUNE 2011
(b) in the case of a registered bank that has received approval to use the internal models based approach to capital adequacy requirements for credit risk, the following:
(i) exposures secured by residential mortgages;
(ii) retail exposures as defined in Capital Adequacy Framework (Internal Models Based Approach) (BS2B), excluding those referred to by subparagraph (i); and
(iii) corporate exposures as defined in Capital Adequacy Framework (Internal Models Based Approach) (BS2B); and
(iv) total credit exposures; and
(c) in any other case, the following:
(i) residential mortgage loans as defined in the conditions of registration; and
(ii) total credit exposures.
3 Past due assets
(1) The amount of assets that are, as at the reporting date, past due and not impaired, classified according to the following ageing categories:
(a) less than 30 days past due;
(b) at least 30 days but less than 60 days past due;
(c) at least 60 days but less than 90 days past due; and
(d) at least 90 days past due.
(2) To avoid doubt, a registered bank may disclose information in addition to that required by subclause (1) to provide further ageing analysis of past due assets but if additional ageing categories are used the amounts disclosed must be summed to provide the total amounts required to be disclosed by subclause (1).
4 Movements in individually impaired assets
Information on movements in the pre-allowance balance of individually impaired assets over the full year or half year accounting period as applicable, separately disclosing—
(a) the pre-allowance opening balance;
(b) additions;
(c) amounts written off;
(d) deletions;
(e) the pre-allowance closing balance; and
(f) the aggregate amount of individual credit impairment allowances against individually impaired assets at the reporting date.
5 Movements in balances of total individual credit impairment allowances
(1) Information on movements in the balances of total individual credit impairment allowances over the full year or half year accounting period as applicable, separately disclosing—
(a) the opening balance;
(b) the charge (credit) to the statement of financial performance for an increase or decrease in individual credit impairment allowances;
(c) amounts written off;
(d) recoveries of amounts written off in previous periods;
(e) reversals of previously recognised impairment losses;
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NZ Gazette 2011, No 87
✨ LLM interpretation of page content
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Schedule 7—Full year and half year Asset quality
(continued from previous page)
💰 Finance & RevenueAsset Quality, Financial Disclosures, Credit Exposure, Impaired Assets, Impairment Allowances, Fair Value Assets