✨ Bank Disclosure Statements Order
4254 NEW ZEALAND GAZETTE, No. 154 22 NOVEMBER 2013
(b) give a true and fair view of the results and the state of affairs of the registered bank’s banking group for the period concerned.
(3) The amounts that appear in the historical summary of financial statements must include the following:
(a) total interest revenue;
(b) total interest expense;
(c) total other revenue;
(d) total credit impairment losses charged to the income statement;
(e) total other expenses;
(f) net profit or loss before taxation;
(g) taxation;
(h) net profit or loss after taxation;
(i) net profit or loss attributable to non-controlling interests;
(j) the amount paid or provided for dividends;
(k) total assets;
(l) total individually impaired assets;
(m) total liabilities; and
(n) equity.
(4) A statement on whether or not the amounts specified in subclause (3) have been taken from audited financial statements.
16 Other material matters
Details of any matters relating to the business or affairs of the registered bank and its banking group that—
(a) are not contained elsewhere in the disclosure statement; and
(b) would, if disclosed, materially affect the decision of a person to subscribe for debt securities of which the registered bank or any member of the registered bank’s banking group is the issuer.
17 Directors’ statements
(1) A statement by the directors as to whether or not each director believes, after due enquiry, that, as at the date on which the disclosure statement is signed,—
(a) the disclosure statement contains all the information that is required by this Order; and
(b) the disclosure statement is not false or misleading.
(2) A statement by the directors as to whether or not each director believes, after due enquiry, that, over the full year accounting period—
(a) the registered bank has complied with all conditions of registration that applied during that period;
(b) credit exposures to connected persons (if any) were not contrary to the interests of the registered bank’s banking group; and
(c) the registered bank had systems in place to monitor and control adequately the material risks of the registered bank’s banking group including credit risk, concentration of credit risk, interest rate risk, currency risk, equity risk, liquidity risk, operational risk and
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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, Audit, Review, Creditors, Guarantees, Directors, Conflicts of Interest, Auditors, Registration Conditions, Legal Proceedings, Credit Rating, Historical Financial Summary