✨ Banking Disclosure Requirements
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2305
(3) The amounts that appear in the historical summary of financial statements must include the following:
(a) total interest revenue:
(b) total interest expense:
(c) total other revenue:
(d) total impaired asset expense:
(e) total other expenses:
(f) net profit or loss before taxation:
(g) taxation:
(h) net profit or loss after taxation:
(i) minority interests:
(j) the amount paid or provided for dividends:
(k) total assets:
(l) total individually impaired assets:
(m) total liabilities:
(n) equity.
(4) A statement whether the amounts specified in subclause (3) have been taken from audited financial statements.
16 Members of banking group
In respect of each member of the banking group other than the registered bank:
(a) the name of the member:
(b) the nature of the business of each such member:
(c) the country of incorporation of the member:
(d) the banking group’s percentage ownership interest in the member.
17 Insurance business
A statement whether the banking group conducts any insurance business, and if it does, the following information:
(a) the aggregate amount of insurance business, where the amount so disclosed is calculated in accordance with the registered bank’s conditions of registration:
(b) an explanation as to how the banking group manages its insurance business, including information on whether—
(i) any insurance business is conducted in special purpose subsidiaries whose business activities predominantly comprise insurance business, and if so, the name of each of those subsidiaries, and a description of the insurance business conducted in each subsidiary; and
(ii) in relation to any other member of the banking group whether any insurance business is accounted for in its statement of financial position, and if so—
(A) the name of that member; and
(B) whether the assets relating to that member’s insurance business are managed and accounted for as separate funds; and
(C) a description of the insurance business conducted by that member;
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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Banking Disclosure Requirements
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💰 Finance & RevenueDisclosure statements, Supplemental disclosure, General disclosure, Directors, Audit committee, Conflicts of interest, Auditors, Conditions of registration, Pending proceedings, Arbitration, Credit rating, Historical financial summary, Banking group members, Insurance business