European Insurance and Occupational Pensions Authority and Funding: Difference between pages

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imported>Doug Williamson
(Update links.)
 
imported>Doug Williamson
(Add definition - source - ECB - https://www.ecb.europa.eu/paym/digital_euro/investigation/governance/shared/files/ecb.degov221221_Progress.en.pdf?f91e0b8ff8cbd6654d7e6b071a8f7071)
 
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(EIOPA).  
1.


EIOPA is part of the European System of Financial Supervision consisting of three European Supervisory Authorities and the European Systemic Risk Board.  
Medium to longer term borrowing by a non-financial undertaking to meet its operational needs.


It is an independent advisory body to the European Parliament, the Council of the European Union and the European Commission.


:<span style="color:#4B0082">'''''Fund early'''''</span>


EIOPA’s responsibilities include supporting the stability of the financial system, transparency of markets and financial products as well as the protection of insurance policyholders, pension scheme members and beneficiaries.
:"... the ease with which treasurers have secured debt funding may start to lessen.


:As panellists pointed out, the situation calls to mind the ACT's mantra: fund early, fund often and fund long."


''EIOPA is a successor to the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) which was created as part of the Lamfalussy Process.''
:''The Treasurer magazine, December 2018 / January 2019, p13''.


2.
More generally, the provision or the sources of finance necessary for the continuing operation of an undertaking.
In this context, sources of finance for non-financial organisations would include, bank lenders, bondholders and shareholders.
3.
More broadly, sources of finance including certain other creditors, as well as bank lenders, bondholders and shareholders.
4. ''Pensions.''
The provision in advance for future liabilities in a defined benefit pension scheme by the accumulation of assets.
5. ''Banking.''
In the banking context, sources of funding include retail customer deposits and equity, as well as wholesale and longer term borrowings.
Banks' funding - very broadly - can be categorised as 'own funds' or 'borrowed funds'.
6. ''Accounts - digital wallets.''
Putting money or other assets into an account or digital wallet.
:<span style="color:#4B0082">'''''Seamless funding and defunding experience essential to digital euro'''''</span>
:"Funding and defunding functionalities would enable the end user to top up or withdraw digital euro holdings by transferring money from/to private money or with/into cash.
:Users would either fund their digital euro holdings accounts or wallets with cash, or convert private money into digital euro (“funding”).
:Conversely, they could convert digital euro into cash or into private money (“defunding”).
:A seamless funding and defunding experience is essential to support the successful uptake of the digital euro; the ease with which such functionalities could be used would significantly affect end users’ willingness to adopt a digital euro and to use it over time.
:The set of funding and defunding functionalities to be offered by supervised intermediaries would need to ensure a common baseline end user experience, irrespective of the supervised intermediary that provides them with the digital euro."
:''Progress on the investigation phase of a digital euro - January 2023 - European Central Bank (ECB).''




== See also ==
== See also ==
* [[Beneficiary]]
* [[Account]]
* [[European Banking Authority]]  (EBA)
* [[Accrued benefits funding method]]
* [[European Commission]]
* [[Assets]]
* [[European Council]]
* [[Available Stable Funding]]
* [[European Parliament]]
* [[Borrowed funds]]
* [[European Securities and Markets Authority]] (ESMA)
* [[Capital]]
* [[European Supervisory Authority]] (ESA)
* [[Cash]]
* [[European System of Financial Supervision]]
* [[Defined benefit pension scheme]]
* [[European Systemic Risk Board]]
* [[Defunding]]
* [[Insurance]]
* [[Digital euro]]
* [[Lamfalussy Standards]]
* [[Digital wallet]]
* [[Pension scheme]]
* [[ESG funding]]
* [[European Central Bank]]  (ECB)
* [[FFL]]
* [[Flighty]]
* [[Fund]]
* [[Funding concentration risk]]
* [[Funding level]]
* [[Funding liquidity risk]]
* [[Funding management]]
* [[Funding method]]
* [[Funding ratio]]
* [[Funding risk]]
* [[Funding stack]]
* [[Funds]]
* [[Intermediary]]
* [[Liquidity]]
* [[Loan to stable funding ratio]]
* [[Money]]
* [[Net Stable Funding Ratio]]
* [[Private money]]
* [[Prospective benefits funding method]]
* [[Own funds]]
* [[Required Stable Funding]]
* [[Scheme Specific Funding]]
* [[Stability]]
* [[Statement of funding principles]]
* [[Statutory funding objective]]
* [[Sticky]]
* [[Supervision]]
* [[Term out]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Corporate_finance]]
[[Category:The_business_context]]
[[Category:Long_term_funding]]

Latest revision as of 14:49, 18 March 2023

1.

Medium to longer term borrowing by a non-financial undertaking to meet its operational needs.


Fund early
"... the ease with which treasurers have secured debt funding may start to lessen.
As panellists pointed out, the situation calls to mind the ACT's mantra: fund early, fund often and fund long."
The Treasurer magazine, December 2018 / January 2019, p13.


2.

More generally, the provision or the sources of finance necessary for the continuing operation of an undertaking.

In this context, sources of finance for non-financial organisations would include, bank lenders, bondholders and shareholders.


3.

More broadly, sources of finance including certain other creditors, as well as bank lenders, bondholders and shareholders.


4. Pensions.

The provision in advance for future liabilities in a defined benefit pension scheme by the accumulation of assets.


5. Banking.

In the banking context, sources of funding include retail customer deposits and equity, as well as wholesale and longer term borrowings.

Banks' funding - very broadly - can be categorised as 'own funds' or 'borrowed funds'.


6. Accounts - digital wallets.

Putting money or other assets into an account or digital wallet.


Seamless funding and defunding experience essential to digital euro
"Funding and defunding functionalities would enable the end user to top up or withdraw digital euro holdings by transferring money from/to private money or with/into cash.
Users would either fund their digital euro holdings accounts or wallets with cash, or convert private money into digital euro (“funding”).
Conversely, they could convert digital euro into cash or into private money (“defunding”).
A seamless funding and defunding experience is essential to support the successful uptake of the digital euro; the ease with which such functionalities could be used would significantly affect end users’ willingness to adopt a digital euro and to use it over time.
The set of funding and defunding functionalities to be offered by supervised intermediaries would need to ensure a common baseline end user experience, irrespective of the supervised intermediary that provides them with the digital euro."
Progress on the investigation phase of a digital euro - January 2023 - European Central Bank (ECB).


See also