Regulatory Technical Standard and Estate: Difference between pages

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''European Union''
1.  ''Assets - liabilities - tax - inheritance tax''.


(RTS).
All of the money and property owned by a person, net of their debts.


EU legislation commonly provides for technical definitions, procedures etc. not to be set in the primary, framework legislation (Directive or Regulation) but in these Standards recommended to the Commission by European Supervisory Authorities such as the European Banking Authority or the European Securities and Markets Authority and adopted by the Commission.
Especially on their death, and for the purposes of calculating related tax liabilities.
 
 
2.  ''Law - land and buildings.''
 
The nature, or length, of ownership rights - or other legal interests - in land and buildings.
 
For example, freehold or leasehold.




==See also==
==See also==
* [[Directive]]
*[[Assets]]
* [[EMIR]] as an example
*[[Beneficiary]]
* [[European Union]]
*[[Freehold]]
* [[PSD2]]
*[[Inheritance tax]]
* [[Regulation]]
*[[Law]]
* [[Strong Customer Authentication]]
*[[Leasehold]]
* [[TS]]
*[[Liabilities]]
*[[Money]]
*[[Property]]
*[[Real estate]]
*[[Tax]]
*[[Will]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Identify_and_assess_risks]]
[[Category:Long_term_funding]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Risk_frameworks]]
[[Category:The_business_context]]

Revision as of 03:34, 6 November 2023

1. Assets - liabilities - tax - inheritance tax.

All of the money and property owned by a person, net of their debts.

Especially on their death, and for the purposes of calculating related tax liabilities.


2. Law - land and buildings.

The nature, or length, of ownership rights - or other legal interests - in land and buildings.

For example, freehold or leasehold.


See also