✨ Banking Regulations Definitions
22 NOVEMBER 2013 NEW ZEALAND GAZETTE, No. 154 4235
subsidiary in any applicable financial reporting standard approved by the Accounting Standards Review Board under the Financial Reporting Act 1993
Tier 1 capital,—
(a) in Schedules 9 and 10, has the same meaning as in Capital Adequacy Framework (Standardised Approach) (BS2A); and
(b) in Schedules 11 and 12, has the same meaning as in Capital Adequacy Framework (Internal Models Based Approach) (BS2B)
Tier 1 capital ratio,—
(a) in Schedules 9 and 10, has the same meaning as in Capital Adequacy Framework (Standardised Approach) (BS2A); and
(b) in Schedules 11 and 12, has the same meaning as in Capital Adequacy Framework (Internal Models Based Approach) (BS2B)
Tier 2 capital,—
(a) in Schedules 9 and 10, has the same meaning as in Capital Adequacy Framework (Standardised Approach) (BS2A); and
(b) in Schedules 11 and 12, has the same meaning as in Capital Adequacy Framework (Internal Models Based Approach) (BS2B)
Total capital,—
(a) in Schedules 9 and 10, has the same meaning as in Capital Adequacy Framework (Standardised Approach) (BS2A); and
(b) in Schedules 11 and 12, has the same meaning as in Capital Adequacy Framework (Internal Models Based Approach) (BS2B)
Total capital ratio,—
(a) in Schedules 9 and 10, has the same meaning as in Capital Adequacy Framework (Standardised Approach) (BS2A); and
(b) in Schedules 11 and 12, has the same meaning as in Capital Adequacy Framework (Internal Models Based Approach) (BS2B)
ultimate holding company, in relation to a registered bank, means the body corporate that—
(a) is the registered bank’s holding company; and
(b) is not itself a subsidiary of another body corporate; and
(c) is not a bank
ultimate parent bank, in relation to a registered bank, means the bank that—
(a) is the registered bank’s holding company; and
(b) is not itself a subsidiary of another bank
working day means a day of the week on which the head office of a registered bank is open for business.
(2) A term or expression that is used in this Order and not defined in it or in the Act—
(a) if defined in a registered bank’s conditions of registration, has in relation to the registered bank the same meaning as under its conditions of registration; or
Next Page →
NZ Gazette 2013, No 154
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statements Order
(continued from previous page)
💰 Finance & Revenue18 November 2013
Banking, Disclosure, Financial Statements, Regulation, Definitions