Consumer Prices Index and Pillar 2: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Link with CPIH page.)
 
imported>Doug Williamson
(Add abbreviation.)
 
Line 1: Line 1:
(CPI).
''Banking - regulation.''


1.  
(P2).


The Consumer Prices Index is a leading measure of inflation in the UK, calculated as the change from month to month in the prices of a standard basket of consumer goods and services.
Pillar 2 is the aspect of banking supervision which addresses firm-wide governance and risk management, among other matters.


The CPI replaced the Retail Prices Index (RPI) for a number of purposes as a primary measure of inflation in the UK.
Additional capital requirements may be imposed by bank supervisors under Pillar 2, depending on their evaluation of banks' internal assessments of their risks and capital requirements.


Previously known as the Harmonised Index of Consumer Prices (HICP).


 
== See also ==
2.
* [[Bank supervision]]
 
* [[Basel III]]
The Consumer Price Index is one of the leading inflation indices used in the US.
* [[Capital adequacy]]
 
* [[Pillar 1]]
Its uses include the limited indexation of certain US pensions.
* [[Pillar 3]]
 
* [[SREP]]
 
3.
 
More generally, a consumer prices index is a statistical estimate constructed using the prices of a defined sample of representative consumer items, such as goods and services, whose prices are collected periodically. 
 
The index is compared to a base period to give an estimate of periodic inflation rates.
 
 
 
==See also==
 
* [[Cost of living adjustment]]
* [[CPIH]]
* [[Harmonised index of consumer prices]]
* [[Inflation]]
* [[Output price index]]
* [[Producer Price Index]]
* [[Retail Prices Index]]
* [[Services Producer Price Index]]
* [[Treasury inflation-indexed securities]]

Revision as of 14:34, 1 September 2016

Banking - regulation.

(P2).

Pillar 2 is the aspect of banking supervision which addresses firm-wide governance and risk management, among other matters.

Additional capital requirements may be imposed by bank supervisors under Pillar 2, depending on their evaluation of banks' internal assessments of their risks and capital requirements.


See also