Levy and Regulation: Difference between pages

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1. ''Verb.''
1.  


To charge or impose a fee or a tax.
The official control of markets or of other activities, usually by a system of rules, often including primary or secondary legislation.




2. ''Tax.''
2.  


A particular tax or similar charge.
''Law.''
A rule with legal force, designed to carry out a specific piece of legislation. Usually enforced by a regulatory agency.  


For example, the UK's Climate Change Levy, and the levy payable to fund the Financial Services Compensation Scheme.


3.


==See also==
''European Union law''.
*[[Climate Change Levy]]
 
*[[Duty]]
An act of European Union (EU) law having direct effect in all member states.
*[[Financial Services Compensation Scheme]]
 
*[[Health and Social Care Levy]]
EU Regulations are passed either jointly by the EU Council and European Parliament, or by the EU Commission alone.
*[[Surcharge]]
 
*[[Tax]]
 
* [[UK Bank Levy]]
4.
 
More generally, a rule to control, direct or manage an activity, organisation or system.
 
A 'regulation' - in this broadest sense - may or may not have legal authority.
 
 
== See also ==
* [[Benchmarks Regulation]]
* [[Capital Requirements Regulation]]
* [[Compliance risk]]
* [[CSRC]]
* [[Decision]]
* [[Deregulation]]
* [[Directive]]
* [[European Union ]]
* [[Financial Market Infrastructure]]
* [[IFR]]
* [[MAR]]
* [[Primary legislation]]
* [[Red tape]]
* [[Regtech]]
* [[Secondary legislation]]
* [[Transparency]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Trade_finance]]

Revision as of 10:26, 2 May 2018

1.

The official control of markets or of other activities, usually by a system of rules, often including primary or secondary legislation.


2.

Law.

A rule with legal force, designed to carry out a specific piece of legislation. Usually enforced by a regulatory agency.


3.

European Union law.

An act of European Union (EU) law having direct effect in all member states.

EU Regulations are passed either jointly by the EU Council and European Parliament, or by the EU Commission alone.


4.

More generally, a rule to control, direct or manage an activity, organisation or system.

A 'regulation' - in this broadest sense - may or may not have legal authority.


See also