Hub and SRR: Difference between pages

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imported>Doug Williamson
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imported>John Grout
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''Centralisation - economies of scale.''
Special resolution regime.


An effective centre of activity, knowledge, skills or resources.
Provisions for [[resolution]] of failing financial institutions under appropriate legislation and regulation. In many countries provisions extend beyond banks to certain other types of institution.


Often, but not necessarily, a virtual or physical location established or developed expressly to serve that purpose.
For example, in the US under [[OLA]] and [[FDIA]] that established [[FDIC]] and in the EU under the [[BRRD]].
 
 
== See also ==
* [[ACT Knowledge Hub]]
* [[Association of Corporate Treasurers]] (ACT)
* [[BIS Innovation Hub]]
* [[COP26 Private Finance Hub]]
* [[Economies of scale]]
* [[Hub-and-spoke]]
 
 
==Link to the ACT's Knowledge Hub==
*[https://www.treasurers.org/knowledge-hub ACT Knowledge Hub]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]
[[Category:Technology]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 11:07, 13 August 2014

Special resolution regime.

Provisions for resolution of failing financial institutions under appropriate legislation and regulation. In many countries provisions extend beyond banks to certain other types of institution.

For example, in the US under OLA and FDIA that established FDIC and in the EU under the BRRD.