Legal entity identifier and Quantitative easing: Difference between pages

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(LEI).
''Monetary policy.''


Legal Entity Identifier is a unique identity reference number allocated to a company in accordance with an internationally agreed standard administered by the Regulatory Oversight Committee (ROC) of the Global Legal Entity Identifier System (GLEIS).
(QE).  


Quantitative easing is a form of monetary policy used to stimulate an economy where interest rates are either at, or close to, zero.


The ROC is a stand-alone committee established by the international Financial Stability Board (FSB) and endorsed by the Group of 20 (G-20) nations.
It involves a central bank buying financial assets, and its effect is to increase the money supply.  


It held its inaugural meeting in January 2013.


The ROC in turn has authorised Local Operating Units (LOU) which generate and issue the LEIs.
The financial assets bought are usually central government debt.




== See also ==
== See also ==
* [[EMIR]]
* [[Asset Purchase Facility]]
* [[Entity]]
* [[Asset purchase programme]]
* [[Financial Stability Board]]
* [[Balance sheet reduction policy]]
* [[G20]]
* [[Cash in the new post-crisis world]]
* [[LEI ROC]]
* [[Central bank]]
* [[Fiscal policy]]
* [[Helicopter money]]
* [[Monetary policy]]
* [[Money supply]]
* [[POMO]]
* [[QE2]]




===Other links===
===Other links===
[http://www.treasurers.org/node/10043 Technical Briefing, The Treasurer, April 2014]
[www.bankofengland.co.uk/monetary-policy/quantitative-easing: What is quantitative easing, Bank of England]


[http://www.leiroc.org/ LEI ROC website]
[[Category:Long_term_funding]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Revision as of 22:03, 24 April 2020

Monetary policy.

(QE).

Quantitative easing is a form of monetary policy used to stimulate an economy where interest rates are either at, or close to, zero.

It involves a central bank buying financial assets, and its effect is to increase the money supply.


The financial assets bought are usually central government debt.


See also


Other links

[www.bankofengland.co.uk/monetary-policy/quantitative-easing: What is quantitative easing, Bank of England]