Regulatory Alerts2022-05-17
Registered Bank Disclosure Statements (Overseas Incorporated Registered Banks) Order 2014
The Reserve Bank of New Zealand issued this Order to mandate disclosure statement requirements for registered banks incorporated outside New Zealand. It establishes general obligations for publishing full and half-year financial statements, including audit requirements and specific content standards for risk and capital adequacy. The regulation also permits the use of overseas financial statements as compliant disclosures if they meet the reporting standards of the bank's country of domicile.
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