Financial stability and Sterling: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Expand and link. Source: Oxford English Dictionary, 3rd Edition.)
 
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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%.


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 ==
== See also ==
* [[Bank of England]]
* [[ISO currency codes]]
* [[Bank supervision]]
* [[Pound sterling]]
* [[Business continuity plan]]
* [[Cable]]
* [[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 10:34, 17 January 2016

  1. Abbreviation for the UK currency, pound sterling (GBP).
  2. A purity standard for silver, of 92.5%.


See also