✨ Financial Regulations
22 NOVEMBER 2013 NEW ZEALAND GAZETTE, No. 154 4297
(2) If applicable,—
(a) an explanation of which figures disclosed are shown after multiplying by the scalar referred to in subclause (1); and
(b) a statement of the value of the scalar.
6 Capital requirements for other risks
(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 at the reporting date:
| Total capital requirement | |
|---|---|
| Operational risk | |
| Market risk | |
| Supervisory adjustment |
(3) For the purpose of the disclosure required by subclause (2), supervisory adjustment means an additional capital requirement (if any) imposed in the conditions of registration.
7 Additional mortgage information
(1) The information in subclause (2)—
(a) in respect of the registered bank’s banking group; and
(b) in respect of total exposures secured by residential mortgages as used to calculate the registered bank’s Pillar 1 capital requirement for credit risk, categorised by loan-to-valuation ratio.
(2) The following information at the reporting date:
Residential mortgages by loan-to-valuation ratio
| Loan-to-valuation ratio | Does not exceed 60% | Exceeds 60% and not 70% | Exceeds 70% and not 80% | Exceeds 80% and not 90% | Exceeds 90% |
|---|---|---|---|---|---|
| Value of exposures |
(3) For the purpose of the disclosure required by subclause (2)—
(a) exposure amounts for which no loan-to-valuation ratio is available must be included in the category for loan-to-valuation ratios that exceed 90%;
(b) in calculating the total exposure amount in relation to any residential mortgage loan, the registered bank must include the credit equivalent amount of any off-balance sheet exposures as used in the capital calculation; and
(c) the valuation used in the calculation of each loan-to-valuation ratio must be the valuation of the associated residential property at the date of origination of the loan.
(4) A description of the main assumptions used in preparing the information required by subclause (2).
Next Page →
NZ Gazette 2013, No 154
✨ LLM interpretation of page content
💰
Capital Adequacy Under the Internal Models Based Approach
(continued from previous page)
💰 Finance & RevenueCapital requirements, Operational risk, Market risk, Supervisory adjustment, Reporting date
💰 Additional Mortgage Information
💰 Finance & RevenueResidential mortgages, Loan-to-valuation ratio, Exposure amounts, Credit risk