Lambert review and Queuing: Difference between pages

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''UK banking''.
A risk management arrangement whereby transfer orders are held pending by the originator/deliverer or by the system until sufficient cover is available on the originator’s/deliverer’s clearing account or under the limits set against the payor. In some cases, cover may include unused credit lines or available collateral.
 
The [[Banking Standards Review]] undertaken in the UK by Sir Richard Lambert.
 
 


== See also ==
== See also ==
[[Parliamentary Commission on Banking Standards]]
* [[Caps]]
 
* [[Gridlock]]
 
==Other links==
[http://www.bankingstandardsreview.org.uk/ Banking Standards Review]


[[Category:Regulation_and_Law]]

Revision as of 14:20, 23 October 2012

A risk management arrangement whereby transfer orders are held pending by the originator/deliverer or by the system until sufficient cover is available on the originator’s/deliverer’s clearing account or under the limits set against the payor. In some cases, cover may include unused credit lines or available collateral.

See also