Floating charge and Microprudential: Difference between pages

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''Law''.
''Bank regulation''.  
A charge over the general assets of a company, such as stock.  
 
The part of the regulatory framework which is designed to enhance the safety and soundness of individual financial institutions, rather than the financial system as a whole.


The assets may change and the company can use the assets without the consent of the secured creditor until the charge 'crystallises' (becomes fixed). Crystallisation happens on the appointment of an administrative receiver, on the presentation of a winding-up petition or as otherwise provided for in the document creating the charge.


== See also ==
== See also ==
* [[Charge]]
* [[Bank supervision]]
* [[Debenture]]
* [[Capital adequacy]]
* [[Fixed charge]]
* [[Macroprudential]]
* [[Floating charge debenture]]
* [[Security]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Latest revision as of 07:33, 29 June 2022

Bank regulation.

The part of the regulatory framework which is designed to enhance the safety and soundness of individual financial institutions, rather than the financial system as a whole.


See also

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