✨ Banking Regulations
2380 NEW ZEALAND GAZETTE, No. 88 24 JUNE 2011
9 Credit risk on loans and receivables at fair value
(1) The information in subclause (2) in respect of the banking group.
(2) The information required to be disclosed by paragraph 9 of NZ IFRS 7, in respect of the first quarter accounting period or third quarter accounting period (as applicable).
10 Asset quality breakdown by major type of credit exposure
(1) The information in subclause (2) in respect of the banking group.
(2) The information that is required to be disclosed under clauses 6, 7 and 8 in respect of the classes of asset specified in subclauses 5(a) and 5(b) in relation to the following types of credit exposure:
(a) if the registered bank has not been accredited by the Reserve Bank to use the internal models based approach to capital adequacy and is subject to a condition of registration requiring capital adequacy to be measured in accordance with Capital Adequacy Framework (Standardised Approach) (BS2A), the following:
(i) residential mortgage loans;
(ii) on balance sheet corporate exposures; and
(iii) on balance sheet exposures excluding those referred to by subclauses (a)(i) and (a)(ii) and excluding exposures to sovereigns and central banks, multilateral development banks and other international organisations, public sector entities, and banks;
(b) if the registered bank has been fully accredited by the Reserve Bank to use the internal models based approach to capital adequacy and is subject to a condition of registration requiring capital adequacy to be measured primarily in accordance with Capital Adequacy Framework (Internal Models Based Approach) (BS2B), the following:
(i) exposures secured by residential mortgages; and
(ii) retail exposures as defined in Capital Adequacy Framework (Internal Models Based Approach) (BS2B), excluding those referred to by subclause (b)(i); and
(iii) corporate exposures as defined in Capital Adequacy Framework (Internal Models Based Approach) (BS2B);
(c) in any other case, residential mortgage loans as defined in the conditions of registration.
Next Page →
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, Credit risk, Asset quality, Financial statements