Bank Recovery and Resolution Directive and Cash flow at risk: Difference between pages

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''European Union.''
(CFaR, or CFAR).


BRRD.
A value at risk measure which identifies the worst-case result for an organisation in cash flow terms, which the organisation can be confident of not doing worse than, at the given level of confidence and assuming the modelling assumptions are valid for the entire forecast period.


Formally the Directive on the Recovery and Resolution of Credit Institutions and Investment Firms.


BRRD sets out the framework for bank recovery and resolution in the EU. It sets out some arrangements to deal with failing banks at the Member State level and arrangements to facilitate cooperation in tackling cross-border banking failures.


The Directive is in effect from the start of 2015.
== See also ==
 
* [[Value at risk]]
 
==See also==
* [[Money market fund reform: a light at the end of the tunnel?]]

Revision as of 11:31, 20 May 2015

(CFaR, or CFAR).

A value at risk measure which identifies the worst-case result for an organisation in cash flow terms, which the organisation can be confident of not doing worse than, at the given level of confidence and assuming the modelling assumptions are valid for the entire forecast period.


See also

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