Contingent Term Repo Facility and Foreign Exchange Committee: Difference between pages

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''Bank of England.''
(FXC).


(CTRF).
The Foreign Exchange Committee is established to:


The Bank of England's Contingent Term Repo Facility (CTRF) is one of three key components of the liquidity insurance part its Sterling Monetary Framework (SMF).
#Serve as a forum for the discussion of good practice and technical issues in the foreign exchange (FX) market.
#Foster improvements in risk management in the FX market by offering recommendations and guidelines.
#Support actions that facilitate greater contractual certainty for all parties active in foreign exchange.


The CTRF is designed for conditions of actual or prospective market-wide stress of an exceptional nature.




The CTRF's key features are:
== See also ==
*Initiated by the Bank of England.
* [[FXJSC]]
*Flexible term.
* [[Foreign exchange]]
*Bank of England reserves (effectively cash) lent against collateral.
* [[FEOMA]]
*Auction pricing.
* [[ICOM]]
 
* [[IFEMA]]
 
* [[IFXCO]]
The other two key facilities in the Bank's liquidity insurance structure are the Discount Window Facility (DWF) and the Bank's Indexed Long-Term Repo (ILTR) operations.
* [[ISDA]]
 
* [http://www.newyorkfed.org/fxc| Foreign Exchange Committee home page]
 
==See also==
*[[Auction]]
*[[Bank of England]]
*[[Collateral]]
*[[Discount Window Facility]]
* [[Facility]]
*[[Indexed Long-Term Repo operations]]
*[[Liquidity]]
*[[Liquidity insurance]]
*[[Official Bank Rate]]
*[[Operational Standing Facilities]]
*[[Repo]]
*[[Reserves]]
*[[Sterling Monetary Framework]]
*[[Stress]]
 
[[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]]

Revision as of 20:02, 16 November 2014

(FXC).

The Foreign Exchange Committee is established to:

  1. Serve as a forum for the discussion of good practice and technical issues in the foreign exchange (FX) market.
  2. Foster improvements in risk management in the FX market by offering recommendations and guidelines.
  3. Support actions that facilitate greater contractual certainty for all parties active in foreign exchange.


See also

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