✨ Banking Regulations
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2329
(3) For the purpose of the disclosure required by subclause (2),—
(a) average risk weight means the exposure-weighted average of the risk weights of individual exposures determined according to the counterparty or type of asset or issuer as appropriate; and
(b) average credit conversion factor means the exposure-weighted average of the credit conversion factors for individual exposures.
7 Credit risk mitigation
(1) The information in subclause (2)—
(a) in respect of the banking group; and
(b) derived in accordance with either the conditions of registration relating to capital adequacy or Capital Adequacy Framework (Internal Models Based Approach) (BS2B) (as applicable).
(2) The following information as at the balance date:
Credit risk mitigation
| Exposure class | For portfolios subject to the standardised or foundation IRB approach as defined by BS2B: Total value of exposures covered by eligible financial or IRB collateral (after haircutting) | For all portfolios: Total value of exposures covered by guarantees or credit derivatives |
|---|---|---|
| Sovereign | ||
| Bank | ||
| Corporate (including specialised lending) | ||
| Residential mortgage | ||
| Other |
8 Equity exposures
(1) The information in subclause (2)—
(a) in respect of the banking group; and
(b) derived in accordance with either the conditions of registration relating to capital adequacy or Capital Adequacy Framework (Internal Models Based Approach) (BS2B) (as applicable).
(2) The following information as at the balance date:
Equity exposures
| Total exposure | Risk weight | Risk weighted exposure | Minimum pillar one capital requirement | |
|---|---|---|---|---|
| Equity holdings (not deducted from capital) that are publicly traded | 300% | |||
| All other equity holdings (not deducted from capital) | 400% |
9 Operational risk
(1) The information in subclause (2)—
(a) in respect of the banking group; and
(b) derived in accordance with either the conditions of registration relating to capital adequacy or Capital Adequacy Framework (Internal Models Based Approach) (BS2B) (as applicable).
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
💰 Credit risk mitigation requirements
💰 Finance & RevenueCredit risk mitigation, Banking group, Exposure classes, Collateral, Guarantees
💰 Equity exposures disclosure requirements
💰 Finance & RevenueEquity exposures, Banking group, Risk weight, Publicly traded, Capital requirements
💰 Operational risk disclosure requirements
💰 Finance & RevenueOperational risk, Banking group, Capital adequacy