Multiple Point of Entry and NAIC: Difference between pages

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imported>Doug Williamson
(Expand to note 'bottom up' resolution expressly. Source: The Treasurer, November 2015, p49.)
 
imported>Doug Williamson
(Link with National Association of Pension Funds page.)
 
Line 1: Line 1:
(MPE).
#National Association of Insurance Commissioners.
 
#The start of a number of credit ratings including NAIC<sub>1</sub>, NAIC<sub>2</sub> and NAIC<sub>3</sub>, indicating the credit strength of private placement issuers.
<i>Bank resolution.</i>
 
Multiple Point of Entry resolution of a failed or failing bank group splits it up into its parts.
 
Healthy parts might be sold, or be maintained as a residual group.
 
 
Distressed parts would need to be resolved variously via:
 
(1) Purchase and Assumption,
 
(2) Liquidation and Payout or
 
(3) Bailin of units/subsidiaries.
 
 
Sometimes known as 'bottom-up' resolution.




== See also ==
== See also ==
* [[Resolution]]
* [[USPP]]
* [[Single Point of Entry]]
* [[Private placement]]
* [[Bailin]]
* [[Credit rating]]
* [[Liquidation and Payout]]
* [[National Association of Pension Funds]]
* [[Purchase and Assumption]]

Revision as of 19:31, 19 April 2015

  1. National Association of Insurance Commissioners.
  2. The start of a number of credit ratings including NAIC1, NAIC2 and NAIC3, indicating the credit strength of private placement issuers.


See also