✨ Financial Disclosure Requirements
8 MARCH 2013 NEW ZEALAND GAZETTE, No. 27 871
6 Minimum capital requirements
A statement as to—
(a) whether or not the registered bank or its overseas 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 frameworks and if so, which (for example, Basel II or Basel III and, as applicable, the measurement approaches used for different categories of risk such as the standardised approach or one of the internal ratings-based approaches for credit risk); and
(b) to the extent that the information is publicly available, whether or not the registered bank or its overseas banking group meets the capital requirements imposed on it by the appropriate banking supervisory authority in its country of domicile as at the latest reporting date; and
(c) the methods by which users can access information, if it has been published, that the registered bank is required to disclose to comply with Pillar 3 of Basel II, on the implementation of the Basel II or Basel III capital adequacy framework by the registered bank and its overseas banking group.
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NZ Gazette 2013, No 27
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💰 Minimum capital requirements disclosure
💰 Finance & RevenueCapital requirements, Basel frameworks, Financial disclosure, Banking supervision