CFP and Repatriated: Difference between pages

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imported>Doug Williamson
(Create the page. Source: BCBS January 2013 http://www.bis.org/publ/bcbs238.pdf)
 
imported>Doug Williamson
(Link with Jurisdiction page.)
 
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''Bank supervision.''
The term 'repatriated' refers to the return of profits, cash, or other valuable assets to the jurisdiction of origin or control.


Contingency Funding Plan.
For example, repatriated profits are generally ones which have been transferred to the country of the beneficial owner of the business.


A CFP is a Basel III requirement for a plan the clearly sets out a firm's strategies for addressing liquidity shortfalls, under both firm-specific and market-wide situations of stress.
Repatriated profits may be subject to additional tax when they are repatriated, subject to any relevant tax relief.




== See also ==
== See also ==
* [[Bank]]
* [[Control]]
* [[Bank supervision]]
* [[Double taxation relief]]
* [[Basel III]]
* [[Jurisdiction]]
* [[Funding]]
* [[Withholding tax]]
* [[Funding risk]]
* [[ILAAP]]
* [[Liquidity]]
* [[Liquidity buffer]]
* [[Liquidity Coverage Ratio]]
* [[OLAR]]
* [[Prudential Regulation Authority]]

Revision as of 16:48, 12 August 2017

The term 'repatriated' refers to the return of profits, cash, or other valuable assets to the jurisdiction of origin or control.

For example, repatriated profits are generally ones which have been transferred to the country of the beneficial owner of the business.

Repatriated profits may be subject to additional tax when they are repatriated, subject to any relevant tax relief.


See also