✨ Financial Disclosure Regulations
2342 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
(3) The information that is required to be disclosed under this clause must include comparative figures for the previous corresponding period.
8 Method for deriving peak end-of-day aggregate amount of funding in clause 7
(1) For the purposes of clause 7, the peak end-of-day aggregate amount of funding for the most recent quarter of the interim accounting period or the accounting period (as applicable) is derived by—
(a) determining the maximum end-of-day aggregate amount of funding over the quarter, and
(b) then dividing that amount by—
(i) the banking group’s tier one capital as at the end of the quarter; or
(ii) the banking group’s tier one capital as at the date the maximum end-of-day aggregate amount of funding occurred.(2) A statement of the method used to derive peak ratio information.
9 Peak end-of-day aggregate amount of funding provided to individual entity
(1) The peak end-of-day aggregate amount of funding provided by the banking group over the most recent quarter of the accounting period or interim accounting period (as applicable) to any individual entity that conducts the activities specified in clause 2, or on whose behalf the banking group conducts 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 that conduct the 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 the amount of assets of the individual entity to which the funding has been provided by the banking group.
(3) The information that is required to be disclosed under this clause must include comparative figures for the previous corresponding period.
10 Method for deriving peak end-of-day aggregate amount of funding in clause 9
(1) For the purposes of clause 9, the peak end-of-day aggregate amount of funding provided to an individual entity for the most recent quarter of the interim accounting period or the accounting period (as applicable) is derived by determining—
(a) the maximum end-of-day aggregate amount of funding provided over the quarter, and
(b) then dividing that amount by—
(i) the amount of the entity’s assets as at the end of the quarter; orNext Page →
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