Open-ended investment company and Open Banking: Difference between pages

Revision as of 13:04, 10 April 2017

Banking competition

1. UK Open Banking project

A UK government-sponsored initiative to:

Increase competition and innovation in and around banking to improve outcomes for customers; and
Thereby support the fintech industry in the UK.

2. Similar initiatives for other jurisdictions.

@@ Line 1: / Line 1: @@
-(OEIC).
+''Banking competition''
-A limited company listed on a stock exchange whose sole aim is to invest in securities issued by other entities.
+. ''UK Open Banking project''
-Unlike an investment trust, there is no limitation on the number of shares that can be issued (it is an open-ended structure).
+A UK government-sponsored initiative to:
+*Increase competition and innovation in and around banking to improve outcomes for customers; and
+*Thereby support the fintech industry in the UK.
-The value of the shares is determined by the OEIC’s underlying assets; however, there is no bid-offer spread.
+. Similar initiatives for other jurisdictions.
-OEICs can be the underlying structure for a single fund or the umbrella fund for a family of sub-funds.
 == See also ==
-* [[Bid-offer spread]]
+*[[Application programming interface]]
-* [[Investment]]
+*[[Blockchain]]
-* [[Investment company]]
+*[[Disruptor]]
-* [[Investment trust]]
+*[[Fintech]]
-* [[Open-ended]]
+*[[Open banking APIs]]
-* [[Security]]
+*[[Regtech]]
-* [[Undertaking for collective investments in transferable securities]]
-* [[Unit trust]]
-[[Category:Accounting,_tax_and_regulation]]
-[[Category:The_business_context]]
-[[Category:Corporate_finance]]
-[[Category:Investment]]
-[[Category:Long_term_funding]]
-[[Category:Identify_and_assess_risks]]
-[[Category:Manage_risks]]
-[[Category:Risk_frameworks]]
-[[Category:Risk_reporting]]
-[[Category:Financial_products_and_markets]]