Comptroller and Encumbrance: Difference between pages

Revision as of 15:33, 27 August 2020

An encumbrance is a right over an asset, enjoyed by someone other than the owner of the asset.

Liens and mortgages are examples of encumbrances.

Encumbrances prevent or restrict the owner's flexibility to use or dispose of the asset as freely as if it were unencumbered.

For the purposes of bank liquidity liquidity regulation, an asset may be considered encumbered if:

It has been pledged; or
It is subject to any arrangement to secure, collateralise or credit enhance any transaction from which it cannot be freely withdrawn.

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+An encumbrance is a right over an asset, enjoyed by someone other than the owner of the asset.
-A governmental official with responsibilities for oversight and regulation.
+Liens and mortgages are examples of encumbrances.
-For example, the US Office of the Comptroller of the Currency.
+Encumbrances prevent or restrict the owner's flexibility to use or dispose of the asset as freely as if it were unencumbered.
-.
+For the purposes of bank liquidity liquidity regulation, an asset may be considered encumbered if:
+*It has been pledged; or
+*It is subject to any arrangement to secure, collateralise or credit enhance any transaction from which it cannot be freely withdrawn.
-Alternative spelling of 'controller'.
+==See also==
+*[[Charge]]
+*[[Collateral]]
+*[[Credit enhancement]]
+*[[Lien]]
+*[[Liquidity]]
+*[[Mortgage]]
+*[[Pledge]]
+*[[Security]]
+*[[Unencumbered]]
-==See also==
+[[Category:Accounting,_tax_and_regulation]]
-*[[Financial controller]]
-*[[Office of the Comptroller of the Currency]]
-*[[Regulation]]