New Zealand Legislation: Regulations
Regulations are laws made under Acts
2010/167
Anand Satyanand, Governor-General
At Wellington this 21st day of June 2010
Present:
His Excellency the Governor-General in Council
Pursuant to sections 157B, 157K, 157S, 157V, and 157ZY of the Reserve Bank of New Zealand Act 1989, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, and on the advice of the Minister of Finance given in accordance with a recommendation of the Reserve Bank of New Zealand made after consultation in accordance with section 157E and taking into account the principles in section 157F of that Act, makes the following regulations.
5 All calculations to be on consolidated basis if deposit taker is member of borrowing group
Part 2
Requirements relating to credit ratings
6 Requirements for credit ratings
Part 3
Requirements relating to maintenance of minimum capital ratio
8 Trust deed must include minimum capital ratio that deposit taker must maintain
9 How to calculate capital ratio
Calculation of risk-weighted amount for credit risk
11 Calculation of risk-weighted amount for credit risk
12 Calculation of risk-weighted amount for on-balance sheet exposures
13 Classification of on-balance sheet exposures for purpose of determining applicable risk weight
14 When assets may be classified as rated short-term or long-term claim
15 How to determine applicable rating grade for purpose of classifying rated claims
16 How to determine loan-to-valuation ratio for purpose of classifying residential mortgage loans and certain other loans
17 How to determine loan-to-valuation ratio for purpose of classifying property development loans
18 How to determine loan-to-valuation ratio for purpose of classifying loans secured over qualifying moveable machinery
19 Requirements for transferred loans to be excluded from calculation of risk-weighted amount for on-balance sheet exposures
20 Requirements for loans subject to sub-participations to be excluded from calculation of risk-weighted amount for on-balance sheet exposures
Calculation of amount for market risk and operational risk
21 How to calculate amount for market risk and operational risk
Part 4
Restrictions on related party exposures
23 Trust deed must include maximum limit on aggregate related party exposures of no more than 15% of capital
24 How to calculate maximum limit ratio
25 Identifying related party exposures
26 Measuring related party exposures
27 Measuring related party exposures that are market-related contracts
