Key Attributes and Rights issue: Difference between pages

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imported>Doug Williamson
(Add See also references as per Glossary.)
 
imported>Doug Williamson
(Classify page.)
 
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<i>Bank resolution.</i>
A process of issuing new equity shares where they are offered first to existing shareholders in proportion to their existing shareholding.  


(KAs).  
Existing shareholders have, under law in the UK, pre-emption rights.


In 2011, the G20 leaders endorsed the Financial Stability Board’s <i>Key Attributes of Effective Resolution for Financial Institutions </i>as an ‘international standard’ for resolving financial firms approaching - or already in - financial distress.
This means that they generally have first refusal on the purchase of any new equity shares.
 
 
KAs include two techniques for resolving standard commercial banks:
 
1.  Liquidation and Payout (L&P)
 
2. Purchase and Assumption (P&A)




== See also ==
== See also ==
* [[Bonus issue]]
* [[Dividend irrelevancy theory]]
* [[Headroom]]
* [[Initial public offering]]
* [[Nil paid]]
* [[Option premium]]
*[[Placing]]
* [[Pre-emption rights]]
* [[Theoretical ex-rights price]]
* [[Trombone]]


* [[Financial Stability Board]]
[[Category:Accounting,_tax_and_regulation]]
* [[G20]]
[[Category:The_business_context]]
* [[Liquidation and Payout]]  
[[Category:Corporate_finance]]
* [[Purchase and Assumption]]
[[Category:Investment]]
* [[Resolution]]
[[Category:Long_term_funding]]
[[Category:Financial_products_and_markets]]

Revision as of 06:53, 23 August 2019

A process of issuing new equity shares where they are offered first to existing shareholders in proportion to their existing shareholding.

Existing shareholders have, under law in the UK, pre-emption rights.

This means that they generally have first refusal on the purchase of any new equity shares.


See also