Liquidity fee and Regulation: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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With effect from October 2016, a fee which can be levied by the board of a money market fund on redemptions under times of market stress, in order to reduce the risk of a run on the fund.
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 ==
== See also ==
* [[Liquidity]]
* [[Benchmarks Regulation]]
* [[Money market fund]]
* [[Capital Requirements Regulation]]
* [[Redemption gate]]
* [[Compliance risk]]
* [[Run]]
* [[CSRC]]
* [[Variable net asset value]]
* [[Decision]]
* [[Deregulation]]
* [[Directive]]
* [[European Union ]]
* [[Financial Market Infrastructure]]
* [[IFR]]
* [[MAR]]
* [[Primary legislation]]
* [[Red tape]]
* [[Regtech]]
* [[Secondary legislation]]
* [[Transparency]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

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