✨ Banking Capital Adequacy Disclosures
NEW ZEALAND GAZETTE, No. 121
30 AUGUST 2013
3 Credit risk subject to the IRB approach
(1) The information in subclause (2)—
(a) in respect of the capital of the registered bank’s banking group; and
(b) derived in accordance with the conditions of registration relating to capital adequacy.
(2) For each exposure class where the IRB approach is applied, the following information at the reporting date:
| Name of exposure class | Total minimum capital requirement for that exposure class |
(3) For the purpose of the disclosure required by subclause (2) the exposure classes to be disclosed are those defined in Capital Adequacy Framework (Internal Models Based Approach) (BS2B) except that:
(a) if qualifying revolving retail exposures are material relative to overall credit exposures, the retail exposure class must be disclosed as if the following three exposure sub-classes of the retail exposure class were each a separate exposure class:
(i) lending secured by mortgages over residential property;
(ii) qualifying revolving retail exposures; and
(iii) all other retail lending; and
(b) otherwise the retail exposure class must be disclosed as if the following two exposure sub-classes of the retail exposure class were each a separate exposure class:
(i) lending secured by mortgages over residential property; and
(ii) all other retail lending.
4 Other credit risk capital requirements
(1) The information in subclause (2) at the reporting date in respect of the registered bank’s banking group.
(2) The total capital requirement for credit risk not subject to the IRB approach, calculated as the sum of the following amounts—
(a) if the registered bank uses the slotting approach for specialised lending exposures as defined in Capital Adequacy Framework (Internal Models Based Approach) (BS2B), the total Pillar 1 capital requirement for specialised exposures subject to the slotting approach;
(b) the total Pillar 1 capital requirement for equity exposures derived in accordance with the conditions of registration relating to capital adequacy; and
(c) the total Pillar 1 capital requirement for any other credit risk exposures that are not subject to the IRB approach.
5 Scalar
(1) For the purpose of the disclosure required by this Schedule, capital requirements must be the amounts after multiplying by
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NZ Gazette 2013, No 121
✨ LLM interpretation of page content
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Solo capital adequacy for registered banks
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💰 Finance & RevenueSolo capital adequacy, Common Equity Tier 1, Tier 1 capital, Total capital, Basel frameworks, Pillar 3 disclosure, Credit risk, IRB approach, Exposure classes, Minimum capital requirement, Specialised lending, Slotting approach, Equity exposures, Scalar