Classification of financial assets and liabilities
The standard classification of financial assets and liabilities is a hierarchical classification of four levels. Level 1 of the classification has two categories, level 2 of the classification has 13 categories, level 3 has 27 categories and level 4 has 30 categories.
| Classification |
Financial Assets and Liabilities – New Zealand Standard Classification |
| Abbreviation |
FINASS |
| Version |
V1.0 |
| Effective date |
01/07/1996 |