✨ Financial Disclosure Requirements
566 NEW ZEALAND GAZETTE, No. 21 21 FEBRUARY 2014
(4) A statement on whether or not the amounts specified in subclause (3) have been taken from audited financial statements.
18 Other material matters
Details of any matters relating to the business or affairs of the registered bank and its banking group that—
(a) are not contained elsewhere in the disclosure statement; and
(b) would, if disclosed, materially affect the decision of a person to subscribe for debt securities of which the registered bank or any member of the registered bank’s banking group is the issuer.
19 Directors’ and New Zealand chief executive officer’s statements
(1) A statement or statements by the directors and the New Zealand chief executive officer as to whether or not each director and the New Zealand chief executive officer believes, after due enquiry, that—
(a) as at the date on which the disclosure statement is signed—
(i) the disclosure statement contains all the information that is required by this Order; and
(ii) the disclosure statement is not false or misleading; and
(b) over the full year accounting period, the registered bank has complied with all conditions of registration that applied during that period.
(2) If the registered bank’s banking group does not include a New Zealand incorporated registered bank, a statement or statements by the directors and the New Zealand chief executive officer as to whether or not each director and the New Zealand chief executive officer believes, after due enquiry, that, over the full year accounting period, the branch had systems in place to monitor and control adequately the material risks of the registered bank’s banking group including credit risk, concentration of credit risk, interest rate risk, currency risk, equity risk, liquidity risk, and other business risks, and that those systems were being properly applied.
(3) If the registered bank’s banking group includes a New Zealand incorporated registered bank, a statement or statements by the directors and the New Zealand chief executive officer as to whether or not each director and the New Zealand chief executive officer believes, after due enquiry, that, over the full year accounting period, the branch and, if applicable, any other members of the registered bank’s banking group had systems in place to monitor and control adequately the material risks of relevant members of the registered bank’s banking group including credit risk, concentration of credit risk, interest rate risk, currency risk, equity risk, liquidity risk, and other business risks, and that those systems were being properly applied.
(4) If, for the purposes of subclause (3), a member of the registered bank’s banking group had systems to monitor and control
Next Page →
NZ Gazette 2014, No 21
✨ LLM interpretation of page content
💰
Historical Summary of Financial Statements
(continued from previous page)
💰 Finance & RevenueFinancial statements, Banking group, Revenue, Expenses, Profit and loss
💰 Disclosure of Audited Financial Statements
💰 Finance & RevenueAudited financial statements, Disclosure requirements
💰 Other Material Matters in Disclosure Statements
💰 Finance & RevenueMaterial matters, Disclosure statements, Debt securities
💰 Directors’ and New Zealand Chief Executive Officer’s Statements
💰 Finance & RevenueDirectors' statements, Chief executive officer, Compliance, Risk management