Resolution Authority: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Reorder links.) |
imported>Doug Williamson (Classify page and add UK example.) |
||
| Line 1: | Line 1: | ||
<i>Bank resolution </i> | <i>Bank resolution. </i> | ||
(RA). | (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. | 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 == | == See also == | ||
* [[Bailin]] | * [[Bailin]] | ||
* [[Bank of England]] | |||
* [[Bank supervision]] | * [[Bank supervision]] | ||
* [[OLA]] | * [[OLA]] | ||
* [[Purchase and Assumption]] | * [[Purchase and Assumption]] | ||
* [[Resolution]] | * [[Resolution]] | ||
* [[South Sea Bubble]] | |||
== External links == | |||
[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 Southsea's modified insolvency] | |||
Revision as of 10:28, 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
External links
UK Resolution Authority Dunfermline BS sold to Nationwide Southsea's modified insolvency
