✨ Banking Regulations
764 NEW ZEALAND GAZETTE, No. 27 8 MARCH 2013
(3) The matters required to be disclosed under clause 3(5) as if those provisions applied to the guarantees of the obligations of the registered bank, as well as to the guarantees the registered bank has given in respect of the first-mentioned person’s obligations.
(4) If the registered bank’s most recent full year disclosure statement contains further information about the cross guaranteeing arrangement:
(a) a statement to that effect;
(b) information on how to obtain a copy of that disclosure statement; and
(c) if there have been any material changes in the cross guaranteeing arrangements since the date on which the signing of that disclosure statement was completed, a description of those changes.
6 Changes in registered bank’s board of directors
(1) A statement on whether or not there have been any changes in the composition of the registered bank’s board of directors since the balance date for its most recent full year disclosure statement, and if so, the changes involved and the name of each director affected by the changes.
(2) If applicable, the name of each director on whose behalf each responsible person has signed the disclosure statement.
7 Auditors
The name and address of any auditor whose report or review statement is referred to in the disclosure statement.
8 Conditions of registration
(1) If any changes to the conditions of registration have occurred between the reporting date for the previous disclosure statement and the reporting date for the disclosure statement, a description of those changes including the dates on which they occurred.
(2) If the registered bank has not complied with all conditions of registration over the half year accounting period or off quarter accounting period as applicable, a description of the nature and extent of each case of non-compliance.
9 Pending proceedings or arbitration
A description of any pending legal proceedings or arbitration concerning any member of the registered bank’s banking group, whether in New Zealand or elsewhere, that may have a material adverse effect on the registered bank or its banking group.
10 Credit rating
If the registered bank is required, by a notice given to it under section 80 of the Act, to obtain or maintain a rating of its creditworthiness or financial condition by a person nominated or approved by the Reserve Bank, with respect to each rating obtained or maintained by the registered bank that complies with the notice given under section 80 of the Act, the following information:
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NZ Gazette 2013, No 27
✨ LLM interpretation of page content
💰
Guarantees
(continued from previous page)
💰 Finance & RevenueFinancial guarantees, Government guarantees, Cross guarantees, Disclosure requirements
💰 Changes in registered bank's board of directors
💰 Finance & RevenueBoard of directors, Changes, Disclosure statement
💰 Auditors
💰 Finance & RevenueAuditors, Disclosure statement
💰 Conditions of registration
💰 Finance & RevenueRegistration conditions, Compliance, Non-compliance
💰 Pending proceedings or arbitration
💰 Finance & RevenueLegal proceedings, Arbitration, Banking group
💰 Credit rating
💰 Finance & RevenueCredit rating, Creditworthiness, Financial condition