Sterling Monetary Framework and Stewardship: Difference between pages

Revision as of 15:24, 26 November 2014

The fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.

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-''UK central bank oversight.''
+The fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.
-(SMF).
-The Sterling Monetary Framework (SMF) describes the Bank of England's operations in the sterling money markets.
+== See also ==
+* [[Fiduciary duty]]
+* [[UK Stewardship Code]]
+[[Category:Compliance_and_audit]]
-The SMF includes:
-*Operational Standing Facilities (OSFs).
-*Liquidity insurance.
-The SMF's purposes are to:
-*Implement the Bank of England's Monetary Policy Committee's (MPC's) decisions in order to meet the UK government's inflation target.
-*Reduce the risk and cost to the UK economy of any disruption to the critical financial services provided by banks and other participants in the SMF.
-==See also==
-*[[Bank of England]]
-*[[Financial Policy Committee]]
-*[[Inflation]]
-*[[Liquidity insurance]]
-*[[Monetary policy]]
-*[[Monetary Policy Committee]]
-*[[Money market]]
-*[[Operational Standing Facilities]]
-*[[SMF participant]]
-*[[Sterling]]