✨ Banking Regulation Schedule
2194 NEW ZEALAND GAZETTE, No. 87 24 JUNE 2011
Schedule 14—Full year
Credit exposures to connected persons
Contents
| Page | |
|---|---|
| 1 | Credit exposure information: general requirements |
| 2 | Aggregate credit exposure |
| 3 | Credit exposure to connected persons |
| 4 | Peak end-of-day aggregate exposure |
| 5 | Rating-contingent limit |
| 6 | Additional requirements for aggregate credit exposure to connected persons |
| 7 | Aggregate amount of contingent exposures arising from risk lay-off arrangements |
| 8 | Aggregate amount of individual credit impairment allowances against credit exposures to connected persons |
1 Credit exposure information: general requirements
(1) In this Schedule, credit exposure information must be disclosed on the basis of actual credit exposures.
(2) The information that is required to be disclosed under this Schedule must be derived in accordance with the registered bank’s conditions of registration relating to credit exposures to connected persons and Connected Exposures Policy (BS8).
2 Aggregate credit exposure
(1) The information in subclause (2)—
(a) as at the balance date; and
(b) in respect of peak end-of-day aggregate credit exposure for the full year accounting period.
(2) The aggregate credit exposure (of a non-capital nature and net of individual credit impairment allowances) of the registered bank’s banking group to—
(a) connected persons expressed both as an amount and as a percentage of tier one capital; and
(b) non-bank connected persons expressed both as an amount and as a percentage of tier one capital.
3 Credit exposure to connected persons
A statement that the information on credit exposure to connected persons—
(a) has been derived in accordance with the registered bank’s conditions of registration and Connected Exposures Policy (BS8) and is net of individual credit impairment allowances; and
(b) excludes advances to connected persons of a capital nature.
4 Peak end-of-day aggregate exposure
(1) For the purposes of this Schedule, peak end-of-day aggregate credit exposure to connected persons as a ratio to tier one capital for the full year accounting period is derived by—
Next Page →
NZ Gazette 2011, No 87
✨ LLM interpretation of page content
💰
Disclosure Requirements for Ultimate Parent Bank
(continued from previous page)
💰 Finance & RevenueBanking, Capital ratios, Disclosure, Basel II, Parent bank, Exposure classes, Credit risk, Scalar, Pillar 1 capital, Operational risk, Market risk, Supervisory adjustment, Residential mortgages, Loan-to-valuation ratio, Credit rating, Rating agency, Reserve Bank of New Zealand