ScopeScope

Scope

Table 1 captures the credit risk-weighted assets (RWA) and risk components of all exposures under the internal ratings-based approach to credit risk, except the following specifically excluded items (refer to APS 113):

(a) assets or investments that are required to be deducted from Tier 1 or Tier 2 capital under Prudential Standard APS 111 Capital Adequacy: Measurement of Capital;

(b) securitisation exposures, which are subject to the requirements of APS 120; and

(c) exposures of an overseas banking subsidiary that is prudentially regulated by a prescribed New Zealand authority.