✨ Banking Regulations
24 JUNE 2011 NEW ZEALAND GAZETTE, No. 88 2375
13 Insurance business
A statement whether the banking group carries on any insurance business, and if it does, the following information:
(a) a description of each class of that insurance business:
(b) the aggregate amount of insurance business, where the amount disclosed is calculated in accordance with the registered bank’s conditions of registration:
(c) comparative figures for the previous corresponding period for the information that is required to be disclosed under paragraph (b).
14 Directors’ statements
(1) A statement by the directors as to whether each director believes, after due enquiry, that, as at the date on which the short form disclosure statement is signed,—
(a) the short form disclosure statement contains all the information that is required by this order; and
(b) the short form disclosure statement is not false or misleading.
(2) A statement by the directors as to whether each director believes, after due enquiry, that, over the first quarter accounting period or third quarter accounting period (as applicable),—
(a) the registered bank has complied with all conditions of registration that applied during that period; and
(b) credit exposures to connected persons (if any) were not contrary to the interests of the banking group; and
(c) the registered bank had systems in place to monitor and control adequately the banking group’s material risks, including credit risk, concentration of credit risk, interest rate risk, currency risk, equity risk, liquidity risk, operational risk and other business risks, and that those systems were being properly applied.
15 Auditor’s report
If the general short form disclosure statement has been audited or reviewed by an external auditor, the following:
(a) a statement of the nature and scope of the audit or review:
(b) a copy of the auditor’s report.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
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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, Auditor’s report