✨ Banking Regulations
2368 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
government of any country with a long-term credit rating of A-
or A3 or above, or its equivalent.
9 Credit exposure to connected persons
(1) The following information for the first quarter accounting
period or the most recent quarter of the third quarter accounting
period (as applicable):
(a) the peak end-of-day aggregate credit exposure (of a
non-capital nature and net of individual credit
impairment allowance) to connected persons expressed
as an amount and as a percentage of tier one capital;
(b) the peak end-of-day aggregate credit exposure (of a
non-capital nature and net of individual credit
impairment allowance) to non-bank connected persons
expressed as an amount and as a percentage of tier one
capital.
(2) The information disclosed under subclause (1) must be
calculated using the methodology for disclosing this
information set out in Schedule 6.
(3) The following:
(a) a statement that the information required under
subclause (1) is net of individual credit impairment
allowance and excludes advances to connected persons
of a capital nature;
(b) a statement whether the limits on aggregate credit
exposure to connected persons and to non-bank
connected persons in the registered bank’s conditions of
registration have been complied with at all times over
the first quarter accounting period or the most recent
quarter of the third quarter accounting period (as
applicable);
(c) a statement of the nature and amount of any breaches of
the limits referred to in paragraph (b).
10 Statement about availability of general short form disclosure statement and supplemental disclosure statement
A statement—
(a) that a copy of the registered bank’s most recent general
short form disclosure statement and supplemental
disclosure statement (if applicable) will be provided
immediately at no charge to any person requesting a
copy if the request is made at the registered bank’s head
office; and
(b) that a copy of the registered bank’s most recent general
disclosure statement and supplemental disclosure
statement (if applicable) are available on the registered
bank’s website; and
(c) specifying the categories of places where a copy of the
registered bank’s most recent general short form
disclosure statement and supplemental disclosure
statement (if applicable) will be provided at no charge
to any person within 5 working days of a request for a
copy having been made.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statement (Off-Quarter—New Zealand Incorporated Registered Banks) Order 2011
(continued from previous page)
💰 Finance & Revenue20 June 2011
Banking regulations, Disclosure statement, Supplemental information, Financial statements, Guarantee contracts