European Banking Authority and Netting centre: Difference between pages

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''European Union (EU).''
An essential part of a multilateral netting system.


(EBA).
The netting centre acts as a counterparty to all of the participants in the multilateral netting system.


The EBA's responsibilities include:
In a group of companies, the netting centre is usually operated by the central or regional treasury centre.


*Establishing common rules for all banking institutions in the EU.
*Ensuring that individual banking supervisors understand and apply these common rules in a consistent and harmonised way.
*Strengthening the oversight of international banking groups operating in more than one EU member state.


 
The netting centre typically handles all foreign exchange exposures as well as foreign exchange trading.
The European Banking Authority is the successor to the former Committee of European Banking Supervisors.




== See also ==
== See also ==
* [[AMC]]
* [[Counterparty]]
* [[Bank of England]]
* [[Multilateral netting]]
* [[Bank supervision]]
* [[Multilateral net settlement system]]
* [[Basel III]]
* [[Netting]]
* [[Capital adequacy]]
* [[Payments and payment systems]]
* [[European Central Bank]]
* [[European Union]]
* [[Euro zone]]
* [[Federal Reserve System]]
* [[Home supervisor]]
* [[Host supervisor]]
* [[Internal Market]]
* [[Prudential Regulation Authority]]
* [[Supervisory college]]

Revision as of 08:16, 24 May 2015

An essential part of a multilateral netting system.

The netting centre acts as a counterparty to all of the participants in the multilateral netting system.

In a group of companies, the netting centre is usually operated by the central or regional treasury centre.


The netting centre typically handles all foreign exchange exposures as well as foreign exchange trading.


See also