✨ Banking Disclosure Requirements
2186 NEW ZEALAND GAZETTE, No. 87 24 JUNE 2011
(b) a statement as to—
(i) whether or not the ultimate parent bank or ultimate parent banking group is required by the appropriate banking supervisory authority in its country of domicile to hold minimum capital at least equal to that specified under either the Basel I approach, or the Basel II (standardised) approach, or the Basel II (internal models based) approach and if so, which; and
(ii) to the extent that the information is publicly available, whether or not the ultimate parent bank or ultimate parent bank group meets the requirements imposed on it by the appropriate banking supervisory authority in its country of domicile as at the latest reporting date; and
(c) the methods by which users can access Pillar 3 disclosure information, if it has been published, on the implementation of the Basel II capital adequacy framework by the ultimate parent bank or ultimate parent bank group.
(2) The information that is required to be disclosed under subclause (1) must include comparative figures for the previous corresponding period.
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NZ Gazette 2011, No 87
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Disclosure Requirements for Ultimate Parent Bank
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💰 Finance & RevenueBanking, Capital ratios, Disclosure, Basel II, Parent bank