✨ Banking Capital Requirements
NEW ZEALAND GAZETTE, No. 21
21 FEBRUARY 2014
Pillar 1 capital requirements
| Pillar 1 capital requirement | |
|---|---|
| On-balance sheet credit risk: | |
| Residential mortgages (including past due) | |
| Corporate | |
| Claims on banks | |
| Other | |
| Total on-balance sheet credit risk |
| Other capital requirements: | |
| Off-balance sheet credit exposures | |
| Operational risk | |
| Market risk | |
| Total other capital requirements | |
| Total Pillar 1 capital requirement | |
4 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 residential mortgage loans 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 80% | Exceeds 80% and not 90% | Exceeds 90% |
|---|---|---|---|
| Value of exposures |
(3) For the purpose of the disclosure required by subclause (2), any residential mortgage loan for which no loan-to-valuation ratio is available must be included in the category for loan-to-valuation ratios that exceed 90%.
5 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.
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✨ LLM interpretation of page content
💰
Pillar 1 Capital Requirements
(continued from previous page)
💰 Finance & RevenuePillar 1 Capital, Credit Risk, Mortgages, Operational Risk, Market Risk
💰 Additional Mortgage Information
💰 Finance & RevenueResidential Mortgages, Loan-to-valuation Ratio, Banking Group
💰 Capital for Other Material Risks
💰 Finance & RevenueInternal Capital Allocation, Material Risks, Banking Group
NZ Gazette 2014, No 21