European System of Financial Supervision and Notional pooling: Difference between pages

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''European Union (EU).''
''Banking''. 


(ESFS).
The technique used by banks for calculating interest on balances in a notional cash pool.  


The ESFS comprises:
Excess funds in the accounts of a company or its subsidiaries are used to offset deficits in other company accounts for the purpose of determining interest earned or owed.  
*The three European Supervisory Authorities (ESAs), the EBA, ESMA and EIOPA;
*The Joint Committee of the ESAs;
*The European Systemic Risk Board (ESRB);
*The European Central Bank; and
*The supervisory authorities of each member state.


 
Notional pooling is also referred to as interest offset pooling.
The purpose of the ESFS is to support the efficient functioning of the European internal market by harmonising regulation and supervision in each member state.




== See also ==
== See also ==
* [[Bank of England]]
* [[Cash pool]]
* [[Bank supervision]]
* [[CertICM]]
* [[Basel III]]
* [[Cross-guarantees]]
* [[European Banking Authority]]  (EBA)
* [[Interest rate enhancement]]
* [[European Central Bank]]  (ECB)
* [[European Securities and Markets Authority]]  (ESMA)
* [[European Supervisory Authority]]  (ESA)
* [[European Insurance and Occupational Pensions Authority]]  (EIOPA)
* [[European Systemic Risk Board]]
* [[European Union]]
* [[Euro zone]]
* [[Federal Reserve System]]  (FRS)
* [[Financial Services Authority]]  (FSA)
* [[Financial Conduct Authority]]  (FCA)
* [[Home supervisor]]
* [[Host supervisor]]
* [[Internal Market]]
* [[Prudential Regulation Authority]]  (PRA)
* [[Supervisory college]]


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

Revision as of 08:14, 29 November 2014

Banking.

The technique used by banks for calculating interest on balances in a notional cash pool.

Excess funds in the accounts of a company or its subsidiaries are used to offset deficits in other company accounts for the purpose of determining interest earned or owed.

Notional pooling is also referred to as interest offset pooling.


See also

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