Independent Commission on Banking and Instrument: Difference between pages

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(Updated - Bill is now Act 2013 Source: https://www.gov.uk/government/news/banking-reform-act-becomes-law)
 
imported>Doug Williamson
m (Spacing 22/8/13)
 
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(ICB).  
1.  


A commission established in 2010 to consider structural and related non-structural reforms to the UK banking sector to promote financial stability and competition.  
A generic term for securities and risk management contracts ranging from debt to negotiable deposits and bonds and including derivatives.  


Its final report was published in 2011 leading to the Financial Services (Banking Reform) Act 2013.  
Normally used to describe financial arrangements with short-term maturities.
 
 
2.
 
A tool used by government in achieving its macroeconomic targets, for examples interest rates.
 
 
3.
 
Abbreviation for financial instrument.




== See also ==
== See also ==
* [[Parliamentary Commission on Banking Standards]]
* [[Derivative products]]
* [[Vickers Report]]
* [[Financial instrument]]
* [[Dodd-Frank]]

Revision as of 15:21, 22 August 2013

1.

A generic term for securities and risk management contracts ranging from debt to negotiable deposits and bonds and including derivatives.

Normally used to describe financial arrangements with short-term maturities.


2.

A tool used by government in achieving its macroeconomic targets, for examples interest rates.


3.

Abbreviation for financial instrument.


See also