Search results
Results From The WOW.Com Content Network
Considering the potential impact of central banks on climate change, it is important to consider the mandates of central banks. The mandate of a central bank can be narrow, meaning only a few objectives are given, limiting the ability of a central bank to include climate change in its policies. [20]
In the banking union (which includes the euro area as well as countries that join on a voluntary basis, lately Bulgaria), the European Central Bank, through its supervisory arm also known as ECB Banking Supervision, is the hub of banking supervision and works jointly with national bank supervisors, often referred to in that context as "national ...
A mandate is desirable for political parties, as it gives them leeway in policy implementation. [1] A party or candidate may claim to have a mandate, but it only confers a political advantage if this claim is widely accepted. [5] Non-electoral governments, such as dictatorships and monarchies, may also claim to have a popular mandate to rule. [6]
Financial law is the law and regulation of the commercial banking, capital markets, insurance, derivatives and investment management sectors. [1] Understanding financial law is crucial to appreciating the creation and formation of banking and financial regulation, as well as the legal framework for finance generally.
Meanwhile, Professor Julie Hill points out that financial regulators are now in the business of anticipating banks’ reputation risk based on their client set, outpacing their mandate. Banking is ...
A direct debit or direct withdrawal is a financial transaction in which one organisation withdraws funds from a payer's bank account. [1] Formally, the organisation that calls for the funds ("the payee") instructs their bank to collect (i.e., debit) an amount directly from another's ("the payer's") bank account designated by the payer and pay those funds into a bank account designated by the ...
The process for disputing fraudulent charges may vary from bank to bank, but it typically involves the same steps. Note that there’s a different process for disputing credit card transactions .
The term "affiliate" is broadly defined and includes parent companies, companies that share a parent company with the bank, companies that are under other types of common control with the bank (e.g. by a trust), companies with interlocking directors (a majority of directors, trustees, etc. are the same as a majority of the bank's), subsidiaries ...