Search results
Results From The WOW.Com Content Network
The Prudential Regulation Authority (PRA) is a United Kingdom financial services regulatory body, formed as one of the successors to the Financial Services Authority (FSA). [1] [2] [3] The authority is responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms. It ...
Deposit insurance and resolution authority are also parts of the banking regulatory and supervisory framework. Bank (prudential) supervision is a form of "microprudential" policy to the extent it applies to individual credit institutions, as opposed to macroprudential regulation whose intent is to consider the financial system as a whole.
Financial regulatory authorities Afghanistan: Da Afghanistan Bank: Albania: Financial Supervisory Authority (AMF) Algeria: Commission d'Organisation et de Surveillance des Opérations de Bourse (COSOB) Andorra: Andorran Financial Authority (AFA) Angola: Capital Markets Commission (CMC) ; Agência Angolana de Regulação e Supervisão de Seguros ...
On 17 July 2013, the CRD IV package was transposed —via a Regulation (Regulation (EU) No 575/2013 on prudential requirements for credit institutions and investment firms (CRR)) and a Directive (Directive 2013/36/EU on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms ...
In 2009, as a regulatory response to the revealed vulnerability of the banking sector in the financial crisis of 2007–08, and attempting to come up with a solution to solve the "too big to fail" interdependence between G-SIFIs and the economy of sovereign states, the Financial Stability Board (FSB) started to develop a method to identify G-SIFIs to which a set of stricter requirements would ...
A key part of bank regulation is to make sure that firms operating in the industry are prudently managed. The aim is to protect the firms themselves, their customers, the government (which is liable for the cost of deposit insurance in the event of a bank failure) and the economy, by establishing rules to make sure that these institutions hold enough capital to ensure continuation of a safe ...
Articles relating to financial regulation, a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization.
Whereas most financial regulatory authorities have a national mandate, there are instances of both subnational and supranational authorities: Subnational authorities are extant most prominently in Canada and the United States, at the level of individual provinces and states respectively, and in autonomous territories such as British Overseas Territories and Crown Dependencies, Constituent ...