Materiality and Association for Financial Markets in Europe: Difference between pages

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This is a threshold at which insignificance becomes significance.
''Wholesale financial markets - associations & federations.''


Often it is defined for particular circumstances in loan agreements, for example cross default shall not apply for late payment of a trade creditor for an amount less than a given threshold figure.
(AFME).


Materiality is also a fundamentally important concept in financial accounting.  
The AFME represents the leading global and European banks and other significant capital market players.


Relevant accounting standards, principles and disclosures need only be applied to material items.
It aims to act as a bridge between market participants and policy makers across Europe.


Similarly in risk management, only material risks require active management.  (While non-material risks can be retained and monitored periodically to ensure that they remain non-material.)
''(Source - AFME)''




== See also ==
== See also ==
* [[Cross default]]
* [[Bridge]]
* [[Default]]
* [[Capital market]]
* [[Loan agreement]]
* [[Capital Market Union]]  (CMU)
* [[Risk management]]
* [[European Banking Federation]]
* [[European Covered Bond Council]]
* [[European Fund and Asset Management Association]]
* [[European Mortgage Federation]]
* [[Financial markets]]
* [[Global Financial Markets Association]]
* [[Global Sustainable Finance Council]]
* [[Institute of International Finance]]
* [[International capital market]]
* [[International Capital Market Association]]
* [[Loan Market Association]]
* [[Market participant]]
* [[Regulation]]
* [[Securities Industry and Financial Markets Association]]
* [[Wholesale]]
* [[World Federation of Exchanges]]
 
 
==External link==
 
*[https://www.afme.eu/About-Us/Introducing-AFME AFME - Who we are and how we work]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:The_business_context]]

Revision as of 19:27, 12 September 2023

Wholesale financial markets - associations & federations.

(AFME).

The AFME represents the leading global and European banks and other significant capital market players.

It aims to act as a bridge between market participants and policy makers across Europe.

(Source - AFME)


See also


External link

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