Liquidity buffer and Remuneration committee: Difference between pages

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imported>Doug Williamson
(Add definition - source - Goldman Sachs - https://www.gsam.com/content/dam/gsam/pdfs/us/en/fund-literature/brochure/GSAM_WLA_disclosure_US.pdf?sa=n&rd=n)
 
imported>Doug Williamson
(Add link.)
 
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1.  ''Banking''.
''Corporate governance''.


A stock of unencumbered high quality liquid assets, held to protect against failure under liquidity stress.
A committee of the main board of directors, with responsibility for setting the remuneration of executive directors and other senior management.




2.  ''Money market funds''.
Sometimes abbreviated to 'RemCo' or 'Remco'.
 
A stock of high quality liquid assets, held to support the fund's liquidity in case of high levels of redemptions.
 
Liquidity buffers can include cash, public debt, and other sufficiently liquid assets.




== See also ==
== See also ==
* [[Buffer]]
* [[ALCO]]
* [[Capital]]
* [[Board of directors]]
* [[Capital Conservation Buffer]]
* [[Corporate governance]]
* [[Cash and cash equivalents]]
* [[EXCO]]
* [[Countercyclical buffer]]
* [[Remuneration]]
* [[Daily liquid assets]] (DLA)
* [[RNC]]
* [[High Quality Liquid Assets]]  (HQLAs)
* [[LAB]]
* [[Level 1 liquid assets]]
* [[Level 2 liquid assets]]
* [[Liquidity]]
* [[Liquidity Coverage Ratio]]
* [[Money market fund]]  (MMF)
* [[Redemption]]
* [[Redemption gate]]
* [[Stress]]
* [[Survival period]]
* [[Unencumbered]]
* [[Weekly liquid assets]]  (WLA)


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Liquidity_management]]

Latest revision as of 03:57, 23 June 2021

Corporate governance.

A committee of the main board of directors, with responsibility for setting the remuneration of executive directors and other senior management.


Sometimes abbreviated to 'RemCo' or 'Remco'.


See also