✨ Banking Regulations
24 AUGUST 2012 NEW ZEALAND GAZETTE, No. 102 2843
capital, in clause 5 of Schedule 2, in relation to—
(a) an overseas banking group, means the amount of capital held by the overseas banking group, determined in accordance with the requirements of the authority having the power to impose minimum capital requirements on the overseas banking group; and
(b) a banking group, means the amount of capital held by the banking group, determined in accordance with the conditions of registration relating to capital adequacy for the registered bank heading that banking group
Capital Adequacy Framework (Basel I Approach) (BS2)
means the Reserve Bank document entitled “Capital Adequacy Framework (Basel I Approach) (BS2)”
Capital Adequacy Framework (Standardised Approach) (BS2A)
means the Reserve Bank document entitled “Capital Adequacy Framework (Standardised Approach) (BS2A)”
Capital Adequacy Framework (Internal Models Based Approach) (BS2B)
means the Reserve Bank document entitled “Capital Adequacy Framework (Internal Models Based Approach) (BS2B)”
collective credit impairment allowance
means an allowance for credit impairment loss on groups of financial assets
company—
(a) has the same meaning as in section 2(1) of the Companies Act 1993; and
(b) includes an overseas company within the meaning of that section
conditions of registration, in relation to a registered bank, means the conditions of registration imposed on the registered bank by the Reserve Bank under section 74 of the Act
Connected Exposures Policy (BS8)
means the Reserve Bank document entitled “Connected Exposures Policy (BS8)”
country of domicile for a registered bank is either—
(a) the country or jurisdiction determined by the Reserve Bank and notified to the registered bank; or
(b) if paragraph (a) does not apply, the country that falls into the greatest number of the following categories:
(i) the country of its home supervisor for banking supervisory purposes;
(ii) the country in which it is incorporated;
(iii) the country of its principal place of business outside New Zealand; and
(iv) the country in which its head office is located
credit rating
is defined in clause 6 of Schedule 13 for the purposes of Schedule 13
credit risk
has the same meaning as in NZ IFRS 7
currency risk
has the same meaning as in NZ IFRS 7
EAD
means an exposure at default determined in accordance with Capital Adequacy Framework (Internal Models Based Approach) (BS2B)
equity
has the same meaning as "equity" in the "New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting"
Next Page →
NZ Gazette 2012, No 102
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statements Order
(continued from previous page)
💰 Finance & Revenue20 August 2012
Banking, Financial Disclosure, Registered Banks, Reserve Bank, Regulations