✨ Financial Regulations
2200 NEW ZEALAND GAZETTE, No. 87 24 JUNE 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 87
✨ LLM interpretation of page content
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Disclosure Requirements for Insurance Business and Related Activities
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💰 Finance & RevenueFinancial services, Assets purchase, Funding, Arm's length terms, Fair value, Comparative figures