Commercial drive and organisation and Financial stability: Difference between pages

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'Commercial drive and organisation' is a core business competency identified by the ACT's Competency Framework.
Financial stability is the desirable quality of a well-functioning economy in which there is a high level of public confidence in financial institutions, financial markets and financial market infrastructure.


It is the appreciation of one's own position and contribution within the context of the department and the wider organisation, and being able to relate to other business functions to deliver the organisation’s strategic objectives.


In the UK the Bank of England's role in maintaining financial stability includes:
*Maintaining confidence in sterling.
*In times of market stress, acting as a lender of last resort and a market maker of last resort.
*Regulating and supervising individual banks and other financial institutions to promote their safety and soundness, through the Prudential Regulation Authority.
*Addressing systemic risks, through the Financial Policy Committee.
*Supervising financial market infrastructure.
*Resolving failing financial institutions in an orderly way.
*Collaborating with other UK financial authorities to support UK financial sector business continuity and operational resilience.


==See also==
* [[ACT Competency Framework]]
* [[Behavioural skills]]


[[Category:Commercial_drive_and_organisation]]
== See also ==
* [[Bank of England]]
* [[Bank supervision]]
* [[Business continuity plan]]
* [[Financial Market Infrastructure]]
* [[Financial Policy Committee]]
* [[Fiscal policy]]
* [[Inflation]]
* [[Infrastructure]]
* [[Keynesianism]]
* [[Lender of last resort]]
* [[Market maker of last resort]]
* [[Monetary policy]]
* [[Monetary Policy Committee]]
* [[Monetary stability]]
* [[Money]]
* [[Prudential Regulation Authority]]
* [[Resolution]]
* [[Sterling]]
* [[Systemic risk]]

Revision as of 21:02, 7 August 2016

Financial stability is the desirable quality of a well-functioning economy in which there is a high level of public confidence in financial institutions, financial markets and financial market infrastructure.


In the UK the Bank of England's role in maintaining financial stability includes:

  • Maintaining confidence in sterling.
  • In times of market stress, acting as a lender of last resort and a market maker of last resort.
  • Regulating and supervising individual banks and other financial institutions to promote their safety and soundness, through the Prudential Regulation Authority.
  • Addressing systemic risks, through the Financial Policy Committee.
  • Supervising financial market infrastructure.
  • Resolving failing financial institutions in an orderly way.
  • Collaborating with other UK financial authorities to support UK financial sector business continuity and operational resilience.


See also

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