Banking Regulation Amendment




4008 NEW ZEALAND GAZETTE, No. 137 16 NOVEMBER 2012

Registered Bank Disclosure Statements

(New Zealand Incorporated Registered Banks)

Order (No 2) 2012

(Solo Capital) Amendment Order 2012

JERRY MATEPARAE, Governor-General

Order in Council

At Wellington this 12th day of November 2012

Present:

His Excellency the Governor-General in Council in Council

Pursuant to section 81 of the Reserve Bank of New Zealand Act 1989, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council and on the advice of the Minister of Finance given in accordance with a recommendation of the Reserve Bank of New Zealand, makes the following Order.

Order

1 Title

This Order is the Registered Bank Disclosure Statements (New Zealand Incorporated Registered Banks) Order (No 2) 2012 (Solo Capital) Amendment Order 2012.

2 Commencement

This Order comes into force on 31 December 2012.

3 Principal order amended

This Order amends the Registered Bank Disclosure Statements (New Zealand Incorporated Registered Banks) Order (No 2) 2012.

4 Clause 4

In clause 4(1), after the definition of “responsible person”, insert:

“solo basis, for the information required for the registered bank on a solo basis under clause 16(2) of Schedule 11, has the same meaning as in Capital Adequacy Framework (Internal Models Based Approach) (BS2B)”.

5 Clause 16 of Schedule 11 amended

(1) In clause 16(1) of Schedule 11, replace “Capital Adequacy Framework (Basel I Approach) (BS2)” with “Capital Adequacy Framework (Internal Models Based Approach) (BS2B)”.

(2) In clause 16(2) of Schedule 11, replace “for the registered bank” with “for the registered bank on a solo basis”.



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2012, No 137





✨ LLM interpretation of page content

💰 Amendment to Registered Bank Disclosure Statements Order

💰 Finance & Revenue
12 November 2012
Banking, Disclosure Statements, Capital Adequacy Framework, Solo Capital
  • JERRY MATEPARAE, Governor-General