Lender of last resort and Value Balancing Alliance: Difference between pages

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imported>John Grout
(To expand the glossary stub)
 
imported>Doug Williamson
(Create page - source - VBA - https://www.value-balancing.com/en/our-work.html)
 
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A concession given to a select number of financial institutions whereby their central bank agrees to provide them with funds if they should get into [[liquidity]] difficulties.
''Sustainability - impact - reporting''.


The primary purpose of the activity by the central bank is stability of the financial system. Secondarily, the purpose is stability of the particular institution affected.
(VBA).
 
The Value Balancing Alliance develops and publishes guidance to facilitate business impact measurement, valuation and reporting.
 
The objective is to enable comparable disclosures of positive or negative impacts of business activities on society and the environment, quantified in money terms.


Central banks generally avoid risk taking behaviour. Accordingly, in principle, the central banks only lend against good security ([[collateral]]) and with a conservative [[haircut]]. In practice, liquidity shortage may force a bank to seek to dispose of assets, even at significant losses that erode its capital. Eventually the central bank may lend against less-good collateral and with less than its desired haircut on collateral valuation - until it won't, when the game is over and the story becomes one of [[resolution]].


== See also ==
== See also ==
* [[Central bank]]
* [[Downstream]]
* [[Financial reporting]]
* [[Impact]]
* [[Impact accounting]]
* [[Impact Management Project]]  (IMP)
* [[Impact reporting]]
* [[International Sustainability Standards Board]]  (ISSB)
* [[Sustainability]]
* [[Sustainability Accounting Standards]]
* [[Sustainability Accounting Standards Board]]
* [[Total Societal Impact]]
* [[Upstream]]
* [[Value chain]]
* [[Value Reporting Foundation]]  (VRF)
 
 
==External link==
*[https://www.value-balancing.com/en/our-work.html Value Balancing Alliance - our work]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 18:04, 10 January 2022

Sustainability - impact - reporting.

(VBA).

The Value Balancing Alliance develops and publishes guidance to facilitate business impact measurement, valuation and reporting.

The objective is to enable comparable disclosures of positive or negative impacts of business activities on society and the environment, quantified in money terms.


See also


External link

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