Levy and P1: Difference between pages

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imported>Doug Williamson
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1. ''Verb.''
1. ''Banking - regulation.''


To charge or impose a fee or a tax.
Abbreviation for Pillar 1 regulation.


Pillar 1 establishes minimum capital requirements and a minimum leverage ratio.


2. ''Tax.''


A particular tax or similar charge.
2.


Levies are usually imposed on specific groups, or for specific purposes - sometimes for a limited period - rather than being part of general taxation on all taxpayers.
Abbreviation for Period 1, in financial reporting.


For example, the UK's Climate Change Levy, and the levy payable to fund the Financial Services Compensation Scheme.


 
== See also ==
==See also==
* [[Bank supervision]]
*[[Climate Change Levy]]
* [[Capital adequacy]]
*[[Duty]]
* [[Leverage ratio]]
*[[Financial Services Compensation Scheme]]
* [[Pillar 1]]
*[[Health and Social Care Levy]]
* [[Pillar 2]]
*[[Surcharge]]
* [[Pillar 3]]
*[[Tax]]
* [[P-1]]
*[[Taxpayer]]
* [[UK Bank Levy]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Trade_finance]]

Revision as of 15:14, 1 September 2016

1. Banking - regulation.

Abbreviation for Pillar 1 regulation.

Pillar 1 establishes minimum capital requirements and a minimum leverage ratio.


2.

Abbreviation for Period 1, in financial reporting.


See also