Bank Recovery and Resolution Directive and Liquidity Facility in Euros: Difference between pages

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imported>Doug Williamson
(Updated entry: Added directive identifier and two internal links)
 
imported>Doug Williamson
(Create page. Source: Bank of England webpage https://www.bankofengland.co.uk/markets/bank-of-england-market-operations-guide/our-tools)
 
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''European Union.''
''UK central bank oversight - Bank of England - Operational Standing Facilities.''


BRRD.
(LiFE).


Formally the Directive on the Recovery and Resolution of Credit Institutions and Investment Firms (Directive 2014/59/EU).
The Bank of England's LiFE operations offer one-week repo liquidity support in Euro.


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==
*[[Asset Purchase Facility]] (APF)
*[[Bank of England]]
*[[Contingent Term Repo Facility]] (CTRF)
*[[Discount Window Facility]] (DWF)
*[[Indexed Long-Term Repo operations]] (ILTR)
*[[Liquidity insurance]]
*[[Monetary policy]]
*[[Money market]]
*[[Operational Standing Facilities]]
*[[Repo]]
*[[Sterling]]
*[[Sterling Monetary Framework]] (SMF)
*[[Term Funding Scheme with additional incentives for SMEs]] (TFSME)
*[[US Dollar Repo]]


 
[[Category:Accounting,_tax_and_regulation]]
==See also==
[[Category:The_business_context]]
* [[Recovery]]
[[Category:Identify_and_assess_risks]]
* [[Resolution]]
[[Category:Manage_risks]]
* [[Money market fund reform: a light at the end of the tunnel?]]
[[Category:Risk_frameworks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 14:30, 24 March 2020

UK central bank oversight - Bank of England - Operational Standing Facilities.

(LiFE).

The Bank of England's LiFE operations offer one-week repo liquidity support in Euro.


See also

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