New Zealand Gazette – 2013 – No. 121

Page 3275

✨ Banking Regulations



30 AUGUST 2013 NEW ZEALAND GAZETTE, No. 121 3275

2 Capital structure

(1) The information in subclauses (2) to (4) in respect of the registered bank’s banking group.

(2) For each instrument included in total capital disclosed under clause 1—

(a) whether the instrument is included in Common Equity Tier 1 capital, Additional Tier 1 capital or Tier 2 capital;

(b) whether the instrument is subject to phase-out from eligibility as capital under the Reserve Bank of New Zealand’s Basel III transitional arrangements, and if so the schedule on which it is being phased out;

(c) the material terms and conditions of the instrument, including where applicable, but not limited to—

    (i) voting rights;

    (ii)    issuer of the instrument;

    (iii)   issue date;

    (iv)    any maturity or scheduled redemption date;

    (v) any options or facilities for early redemption, conversion, write-down or capital repayment and their relevant terms or conditions;

    (vi)    terms or conditions of any predetermined servicing obligations; and

    (vii)   provision for any variation or suspension of dividend or coupon payments;

(d) the total of cumulative preferred dividends or interest payments in arrears;

(e) the priority or ranking in point of security, payment or claims of the instrument; and

(f) a brief description of any other material terms and conditions of issue of the securities, including any related contracts or arrangements.

(3) Any options granted or to be granted pursuant to any arrangement, over any equity share capital disclosed under clause 1, and in respect of any such option—

(a) the consideration given or to be given;

(b) the expiry date for the exercise of the option; and

(c) the total number of shares subject to the option.

(4) The nature and amount of each reserve included in capital for the banking group.

3 Credit risk

(1) The information in subclause (2)—

(a) in respect of the registered bank’s banking group; and

(b) derived in accordance with the conditions of registration relating to capital adequacy.

(2) The following information as at the reporting date:



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Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2013, No 121




✨ LLM interpretation of page content

💰 Additional Financial Disclosures for Registered Banks (continued from previous page)

💰 Finance & Revenue
Financial reporting, Banking regulations, Capital adequacy, Disclosure requirements