Liquidity Fund and Parliamentary Commission on Banking Standards: Difference between pages

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''Investment - bond funds - risk management - interest rate risk - duration.''
(PCBS).


A liquidity fund means a fund that seeks to generate income by investing in a portfolio of short-term obligations in order to maintain a stable net asset value per unit or minimize principal volatility for investors.


The Parliamentary Commission on Banking Standards was established by the UK Parliament in 2012 to:


== See also ==
'''A.'''
* [[Constant net asset value]]  (CNAV)
* [[Duration]]
* [[Fixed income]]
* [[Fund]]
* [[Interest rate risk]]
* [[Liquidity]]
* [[Macaulay duration]]
* [[Maturity]]
* [[Modified duration]]
* [[Net asset value]]  (NAV)
* [[Portfolio]]
* [[Principal]]
* [[Risk management]]
* [[Short]]
* [[Short term]]
* [[Short duration]]
* [[Short Duration Fixed Income Bond Fund]]
* [[Ultra short duration bond fund]] 
* [[Weighted Average Life]]  (WAL)
* [[Weighted average maturity]]  (WAM)


[[Category:The_business_context]]
Consider and report on:
[[Category:Investment]]
 
[[Category:Identify_and_assess_risks]]
1. Professional standards and culture in the UK banking sector, taking account of regulatory and competition investigations into the LIBOR rate-setting scandal.
[[Category:Manage_risks]]
 
[[Category:Cash_management]]
2. Lessons to be learned about:
[[Category:Financial_products_and_markets]]
 
[[Category:Liquidity_management]]
2.1. Corporate governance.
 
2.2. Transparency.
 
2.3. Conflicts of interest.
 
2.4. Their implications for regulation and for UK Government policy.
 
 
'''B.'''
 
Make recommendations for legislative and other action.
 
The Commission's 2013 report proposes:
 
(1) Making the individual responsibility of senior bankers a reality.
 
(2) Reinforcing each bank's own responsibility for its own soundness and the maintenance of its standards.
 
(3) Creating better functioning and more diverse banking markets.
 
(4) Reinforcing regulators's responsibility to exercise judgement in deploying their powers.
 
(5) Specifying the responsibilities of the UK Government.
 
 
The Commission's report setting out its conclusions and recommendations can be downloaded here:
[[Media:PCBS report June 2013.pdf|PCBS final report June 2013]]
 
 
==External links==
*[http://www.parliament.uk/bankingstandards UK Parliament: PCBS]
 
[[Category:Regulation_and_Law]]
[[Category:Control_and_Reporting]]
[[Category:Policy_and_Objectives]]
[[Category:The_Treasury_Professional]]

Revision as of 13:26, 28 June 2013

(PCBS).


The Parliamentary Commission on Banking Standards was established by the UK Parliament in 2012 to:

A.

Consider and report on:

1. Professional standards and culture in the UK banking sector, taking account of regulatory and competition investigations into the LIBOR rate-setting scandal.

2. Lessons to be learned about:

2.1. Corporate governance.

2.2. Transparency.

2.3. Conflicts of interest.

2.4. Their implications for regulation and for UK Government policy.


B.

Make recommendations for legislative and other action.

The Commission's 2013 report proposes:

(1) Making the individual responsibility of senior bankers a reality.

(2) Reinforcing each bank's own responsibility for its own soundness and the maintenance of its standards.

(3) Creating better functioning and more diverse banking markets.

(4) Reinforcing regulators's responsibility to exercise judgement in deploying their powers.

(5) Specifying the responsibilities of the UK Government.


The Commission's report setting out its conclusions and recommendations can be downloaded here: PCBS final report June 2013


External links