Supervision: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
(Add link.)
(Layout.)
 
(5 intermediate revisions by the same user not shown)
Line 1: Line 1:
1.  ''Financial services regulation.''
1.  ''Financial services regulation and oversight.''


Supervision is the prudential regulation and oversight of banks and similar financial firms.  
Supervision is a key element in the prudential regulation and oversight of banks and similar financial firms.  




2.  ''Professional standards.''
Regulation is the most detailed structure and activity, focussing on individual firms.
 
Supervision is a higher-level activity than regulation, with a greater emphasis on groups of similar firms, and entire markets.
 
Oversight is the highest-level work, with even greater emphasis on the bigger picture, entire markets and related markets.
 
 
2.  ''Professional standards - conduct - regulation - oversight.''
 
Similar activities and structures in other sectors.
 
 
3.  ''Personal professional standards - continuing professional development - individuals.''


A structured process and relationship between a professional supervisee and a more senior and experienced member of the profession - the supervisor - to facilitate continuing personal and professional development of the supervisee.
A structured process and relationship between a professional supervisee and a more senior and experienced member of the profession - the supervisor - to facilitate continuing personal and professional development of the supervisee.




== See also ==
== See also ==
* [[Association for Professional Executive Coaching and Supervision]]
* [[Australian Financial Regulation]]
* [[Australian Financial Regulation]]
* [[Bank]]
* [[Bank]]
* [[Bank of England]]
* [[Bank of England]]
* [[Bank supervision]]
* [[Bank supervision]]
* [[Basel Committee on Banking Supervision]]  (BCBS)
* [[Basel III]]
* [[Basel III]]
*[[Best practice]]
*[[Best practice]]
Line 23: Line 36:
*[[Competence]]
*[[Competence]]
*[[Compliance]]
*[[Compliance]]
* [[Continuing professional development]]
* [[Conduct]]
* [[Continuing professional development]] (CPD)
* [[Contract]]
* [[Contract]]
* [[Credit]]
* [[Credit]]
Line 29: Line 43:
*[[Enforcement]]
*[[Enforcement]]
*[[Ethics]]
*[[Ethics]]
* [[European Banking Authority]]
* [[European Banking Authority]] (EBA)
* [[European Central Bank]]
* [[European Central Bank]]  (ECB)
* [[European System of Financial Supervision]]
* [[Federal Reserve System]]
* [[Federal Reserve System]]
* [[Financial Conduct Authority]]
* [[Financial Conduct Authority]] (FCA)
* [[Financial intermediary]]
* [[Financial intermediary]]
* [[Financial Services Authority]]
* [[Financial services]]
* [[Financial Services Authority]] (FSA)
* [[Financial stability]]
* [[Financial stability]]
*[[Framework]]
*[[Framework]]
Line 48: Line 64:
* [[Legislation]]
* [[Legislation]]
* [[Non-bank financial intermediaries]]  (NBFIs)
* [[Non-bank financial intermediaries]]  (NBFIs)
* [[Office for Professional Body Anti-Money Laundering Supervision]]
* [[Oversight]]
*[[Principle]]
*[[Principle]]
* [[Prudential]]
* [[Prudential]]
Line 58: Line 76:
* [[Resolution Authority]]
* [[Resolution Authority]]
*[[Rules]]
*[[Rules]]
* [[Shadow bank]]
* [[Shadow banking]]
* [[Solvency II]]
* [[Solvency II]]
*[[Standards]]
*[[Standards]]
* [[Structured finance]]
* [[Structured finance]]
* [[Supervision Committee of the FRC]]  - UK
* [[Supervisor]]
* [[Supervisor]]
* [[Supervisory college]]
* [[Supervisory college]]

Latest revision as of 09:57, 5 June 2024

1. Financial services regulation and oversight.

Supervision is a key element in the prudential regulation and oversight of banks and similar financial firms.


Regulation is the most detailed structure and activity, focussing on individual firms.

Supervision is a higher-level activity than regulation, with a greater emphasis on groups of similar firms, and entire markets.

Oversight is the highest-level work, with even greater emphasis on the bigger picture, entire markets and related markets.


2. Professional standards - conduct - regulation - oversight.

Similar activities and structures in other sectors.


3. Personal professional standards - continuing professional development - individuals.

A structured process and relationship between a professional supervisee and a more senior and experienced member of the profession - the supervisor - to facilitate continuing personal and professional development of the supervisee.


See also