✨ Banking Regulations
8 MARCH 2013 NEW ZEALAND GAZETTE, No. 27 799
(3) The information that is required to be disclosed under subclause (2) must include comparative figures for the previous corresponding period.
(4) Despite clause 16 in subpart 1 of Part 2, a comparative figure that must be disclosed under subclause (3) for a date on or before 30 September 2012 may be the figure previously determined in accordance with Capital Adequacy Framework (Basel I Approach) (BS2) for the date on or before 30 September 2012.
(5) If a comparative figure is determined in accordance with Capital Adequacy Framework (Basel I Approach) (BS2) and disclosed in reliance on subclause (4), the disclosure of the comparative figures must be accompanied by a statement that identifies the capital adequacy frameworks that have been used to calculate the respective comparative figures.
(6) Subclause (3) does not require a comparative figure to be produced for a previous corresponding period if a figure had not previously been required to be disclosed for the previous corresponding period.
17 Capital for other material 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 as at the reporting date:
(a) internal capital allocation for other material risks; and
(b) a summary description of the risks covered by the internal capital allocation for other material risks.
(3) The information that is required to be disclosed under subclause (2) must include comparative figures for the previous corresponding period.
18 Information about ultimate parent bank and ultimate parent banking group
(1) If the registered bank is a subsidiary of an ultimate parent bank,—
(a) the most recent publicly available information for the following in respect of the registered bank’s ultimate parent bank and ultimate parent bank group:
(i) the Common Equity Tier 1 capital ratio, if applicable;
(ii) the Tier 1 capital ratio;
(iii) the Total capital ratio; and
(iv) the date to which the measures of Common Equity Tier 1 capital ratio (if applicable), Tier 1 capital ratio and Total capital ratio relate; and
(b) a statement as to—
(i) whether or not the ultimate parent bank or ultimate parent banking group is required by the appropriate banking supervisory authority in its country of domicile to hold minimum capital at least equal to that specified under one of the Basel capital frameworks and if so, which (for
Next Page →
NZ Gazette 2013, No 27
✨ LLM interpretation of page content
💰
Solo capital adequacy for registered banks
(continued from previous page)
💰 Finance & RevenueSolo capital adequacy, Common Equity Tier 1, Tier 1 capital, Total capital, banking regulations, disclosure requirements