Bank Recovery and Resolution Directive and Federal Reserve System: Difference between pages

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''European Union.''
''US banking.''  


(BRRD).
Often referred to as the Federal Reserve or simply 'the Fed', the central banking system of the United States which sets, implements and supervises monetary policy (Federal Reserve Act of 1913) as well as supervising some banks.  


Formally the Directive on the Recovery and Resolution of Credit Institutions and Investment Firms (Directive 2014/59/EU).


The 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.
== See also ==
 
* [[Board of Governors of the Federal Reserve System]]
 
* [[Fed funds]]
The majority of the provisions in the BRRD came into effect from the start of 2015.
* [[Federal Reserve Bank]]
 
* [[Federal Open Market Committee]]
 
* [[Comprehensive Capital Analysis and Review]]
==See also==
* [[Bank supervision]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[Recovery]]
* [[Resolution]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 16:05, 27 July 2016

US banking.

Often referred to as the Federal Reserve or simply 'the Fed', the central banking system of the United States which sets, implements and supervises monetary policy (Federal Reserve Act of 1913) as well as supervising some banks.


See also