Resolution Authority: Difference between revisions
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imported>Doug Williamson (Classify page and add UK example.) |
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* [[Resolution]] | * [[Resolution]] | ||
* [[South Sea Bubble]] | * [[South Sea Bubble]] | ||
== External links == | == External links == | ||
[https://www.bankofengland.co.uk/financial-stability/resolution UK Resolution Authority] | [https://www.bankofengland.co.uk/financial-stability/resolution UK Resolution Authority] | ||
[https://www.bankofengland.co.uk/financial-stability/resolution Dunfermline BS sold to Nationwide] | [https://www.bankofengland.co.uk/financial-stability/resolution Dunfermline BS sold to Nationwide] | ||
[https://www.bankofengland.co.uk/financial-stability/resolution Southsea's modified insolvency] | [https://www.bankofengland.co.uk/financial-stability/resolution Southsea's modified insolvency] | ||
Revision as of 10:29, 16 May 2020
Bank resolution.
(RA).
1.
An agency of the State, having powers that affect property rights, charged with overseeing the application of the appropriate resolution regime to a failing financial firm.
2. UK.
The body with these responsibilities and powers in the UK.
It is part of the Bank of England.
It has resolved the former Dunfermline Building Society (2009) and Southsea Mortgage and Investment Company (2011).
See also
