Asset purchase scheme: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Source: UK National Audit Office https://www.nao.org.uk/wp-content/uploads/2010/12/1011567_appendices.pdf) |
imported>Doug Williamson (Remove surplus link.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 1: | Line 1: | ||
''Banking''. | ''Banking''. | ||
(APS). | |||
A scheme through which the impaired assets held by a bank are identified and purchased by the government. | A scheme through which the impaired assets held by a bank are identified and purchased by the government. | ||
| Line 7: | Line 9: | ||
== See also == | == See also == | ||
* [[Asset Protection Scheme]] | * [[Asset Protection Scheme]] | ||
* [[Asset purchase programme]] | |||
* [[Assured payment system]] | * [[Assured payment system]] | ||
* [[Bad bank]] | * [[Bad bank]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 15:11, 26 June 2022
Banking.
(APS).
A scheme through which the impaired assets held by a bank are identified and purchased by the government.
Under such a scheme, the government may choose to establish a self-standing institution - often referred to as a 'bad bank' - to purchase and hold the impaired assets.
