imported>Doug Williamson |
imported>Doug Williamson |
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| 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.
| | #Abbreviation for the UK currency, pound sterling (GBP). |
| | #A purity standard for silver, of 92.5%. |
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| In the UK the Bank of England's role in maintaining financial stability includes:
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| *Maintaining confidence in sterling.
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| *In times of market stress, acting as a lender of last resort and a market maker of last resort.
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| *Regulating and supervising individual banks and other financial institutions to promote their safety and soundness, through the Prudential Regulation Authority.
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| *Addressing systemic risks, through the Financial Policy Committee.
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| *Supervising financial market infrastructure.
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| *Resolving failing financial institutions in an orderly way.
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| *Collaborating with other UK financial authorities to support UK financial sector business continuity and operational resilience.
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| == See also == | | == See also == |
| * [[Bank of England]] | | * [[ISO currency codes]] |
| * [[Bank supervision]] | | * [[Pound sterling]] |
| * [[Business continuity plan]] | | * [[Cable]] |
| * [[Financial Market Infrastructure]]
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| * [[Financial Policy Committee]]
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| * [[Fiscal policy]]
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| * [[Inflation]]
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| * [[Infrastructure]]
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| * [[Keynesianism]]
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| * [[Lender of last resort]]
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| * [[Market maker of last resort]]
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| * [[Monetary policy]]
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| * [[Monetary Policy Committee]]
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| * [[Monetary stability]]
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| * [[Money]]
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| * [[Prudential Regulation Authority]]
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| * [[Resolution]]
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| * [[Sterling]]
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| * [[Systemic risk]]
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