Connected exposures are a bank's exposures to its connected persons, for example, a bank's owners or other entities in which the bank's owners may have a substantial interest. Exposures can include loans, leases, deposits, investments or financial contracts with connected persons. Director of Prudential Policy Kate Le Quesne says the Connected Exposures policy defines a connected person, sets out requirements to manage associated risks and provides a way to measure exposures to connected persons.

https://www.miragenews.com/reserve-bank-of-nz-finalises-connected-1071063/

#miragenews