✨ Banking Disclosure Requirements
2296 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
(a) the name of the person who gave the rating:
(b) the type of rating:
(c) the current rating and all qualifications to that rating:
(d) any change made to the rating in the 2 years immediately before the balance date and the date on which the change occurred.
3A Government guarantees
(1) This clause applies if the registered bank has 1 or more government guarantees on the day its directors sign its disclosure statement.
(2) A registered bank must make the statements in this clause for each such guarantee.
(3) The following statement:
“[Name of registered bank] has a guarantee under [description of the guarantee – for example, ‘the New Zealand deposit guarantee scheme’].”
(4) Statements:
(a) on how to obtain information about the government guarantee, for example, via an Internet site maintained by or on behalf of a government guarantor; and
(b) to direct the reader to more information on the registered bank’s government guarantee in the registered bank’s general disclosure statement and, if applicable, its supplemental disclosure statement.
3B No New Zealand government deposit guarantee
(1) This clause applies if the registered bank does not have a guarantee under the New Zealand deposit guarantee scheme on the day its directors sign its disclosure statement.
(2) The following statement:
“[Name of registered bank] does not have a guarantee under the New Zealand deposit guarantee scheme as at [date].”
4 Profitability
The following information:
(a) the net profit or loss after tax over the accounting period or interim accounting period (as applicable), specifying the period and end date of the accounting period or interim accounting period (as applicable):
(b) the net profit or loss after tax over the 12 month period ending on the current balance date, expressed as a percentage of the average of total assets.
5 Size
The following information:
(a) total assets:
(b) the percentage change in total assets over the 12 month period ending on the current balance date.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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Schedule 2: Information to be included in key information summary for registered banks
(continued from previous page)
💰 Finance & RevenueBanking disclosure, Key information summary, Corporate information, Credit rating, Capital adequacy, Financial statements