Credit risk and Monetary Policy Committee: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
 
imported>Doug Williamson
(Create the page. Sources: linked pages and Bank of England webpage http://www.bankofengland.co.uk/monetarypolicy/Pages/overview.aspx)
 
Line 1: Line 1:
1.
''UK - Bank of England.''


The risk that a counterparty will not settle an obligation for full value, either when due or at any time thereafter.
(MPC).


In exchange-for-value settlement systems, the risk is generally defined to include both replacement cost risk and principal risk.
Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.  


Responsibility for setting UK monetary policy - to achieve monetary stability - lies with the Bank of England's Monetary Policy Committee (MPC).


2.


A weighted measure reflecting both the maximum possible amount of the credit loss (also known as the credit exposure), and the likelihood of such loss.
With effect from September 2016, the MPC meets eight times a year to set and announce the Official Bank Rate.




== See also ==
== See also ==
* [[Banker's payment]]
* [[Bank of England]]
* [[Counterparty risk]]
* [[Monetary policy]]
* [[Covenant]]
* [[Official Bank Rate]]
* [[Credit default swap]]
* [[Credit derivative]]
* [[Credit exposure]]
* [[Credit risk diversification]]
* [[Capital risk]]
* [[Event risk]]
* [[Exchange-for-value system]]
* [[MCT]]
* [[Pre-settlement risk]]
* [[Price risk]]
* [[Prime bank]]
* [[Principal risk]]
* [[Replacement cost risk]]
* [[Risk mitigation]]
* [[Sovereign risk]]
* [[Putting a limit on losses]]
 
 
===Other links===
[http://www.treasurers.org/node/4351 Credit risk, Will Spinney, ACT 2008]
 
[[Category:Manage_risks]]

Revision as of 13:02, 7 August 2016

UK - Bank of England.

(MPC).

Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.

Responsibility for setting UK monetary policy - to achieve monetary stability - lies with the Bank of England's Monetary Policy Committee (MPC).


With effect from September 2016, the MPC meets eight times a year to set and announce the Official Bank Rate.


See also