Financial Services Authority and Opex: Difference between pages

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imported>Doug Williamson
(Put into past tense, following the transfer of the FSA's responsibilities to its successor bodies.)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, September 2016, p21.)
 
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(FSA).
'''Op'''erating '''Ex'''penditure.
The former UK body which, amongst its duties, was the regulatory authority in the UK for most financial services markets, exchanges and firms.
 
Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.
 
Opex is contrasted with capital expenditure ('capex').


Some of the FSA's functions were comparable with the CFTC in the United States.


== See also ==
== See also ==
* [[Trustees]]
* [[Capitalise]]
* [[CFTC]]
* [[Capital expenditure]]
* [[Expenditure]]
* [[Revenue expenditure]]

Revision as of 15:11, 6 September 2016

Operating Expenditure.

Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.

Opex is contrasted with capital expenditure ('capex').


See also