✨ Financial Regulations
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2341
4 Amounts represented by activities specified in clause 2(a) and (b)
(1) A statement of the amount as at the balance date of—
(a) funds held in trust by any member of the banking group;
and
(b) funds under management by any member of the banking group;
and
(c) funds under custodial arrangements by any member of the banking group (to the extent practicable); and
(d) other funds held or managed subject to fiduciary responsibilities by any member of the banking group;
and
(e) outstanding securitised assets originated by any member of the banking group.
(2) The information that is required to be disclosed under this clause must include comparative figures for the previous corresponding period.
5 Financial services provided to entities conducting activities specified in clause 2
A statement as to whether (over the accounting period or interim accounting period (as applicable)) financial services provided by any member of the banking group to entities that conduct the activities specified in clause 2(a) or (b) or on whose behalf the banking group conducts the activities specified in clause 2(c), have been provided on arms length terms and conditions and at fair value.
6 Assets purchased from entities conducting activities specified in clause 2
A statement as to whether (over the accounting period or interim accounting period (as applicable)) assets purchased by any member of the banking group from entities that conduct the activities specified in clause 2, or on whose behalf the banking group conducts the activities specified in clause 2(c), have been purchased on arms length terms and conditions and at fair value.
7 Aggregate funding provided to entities
(1) The peak end-of-day aggregate amount of funding the banking group has provided over the most recent quarter of the accounting period or interim accounting period (as applicable) to entities that conduct the activities specified in clause 2 or on whose behalf the banking group conducts the activities specified in clause 2(c).
(2) The peak end-of-day aggregate amount of funding—
(a) includes funding provided by the purchase of securities issued by entities involved in activities specified in clause 2 or on whose behalf the banking group conducts the activities specified in clause 2(c); and
(b) must be expressed as an amount and as a percentage of tier one capital.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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Schedule 8: Securitisation, funds management, and insurance activities
(continued from previous page)
💰 Finance & RevenueSecuritisation, Funds management, Fiduciary activities, Insurance products, Banking regulations, Financial disclosures, Credit risk