Holdco and Memorandum of understanding: Difference between pages
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A | (MoU). | ||
1. ''Law.'' | |||
A document setting out the main terms of a proposed contract. | |||
Also known as a letter of intent. | |||
Whilst it is not a formal contract, some of the terms may be enforceable. | |||
2. | |||
Any other document setting out the terms of an agreement between organisations or individuals, not intended to be legally binding. | |||
:<span style="color:#4B0082">'''''International agreements for bank supervision'''''</span> | |||
:"The Bank [of England] has a number of MoUs with international authorities to support collegiate/co-operative [bank] supervision." | |||
:''The Bank of England's supervision of financial market infrastructures - Annual Report - 2014 - p12.'' | |||
== See also == | == See also == | ||
* [[ | * [[Bank of England]] | ||
* [[ | * [[Bank supervision]] | ||
* [[ | * [[Contract]] | ||
* [[Engagement letter]] | |||
* [[Express term]] | |||
* [[Infrastructure]] | |||
* [[Invitation to treat]] | |||
* [[Offering memorandum]] | |||
* [[Supervisory college]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] |
Latest revision as of 22:43, 18 December 2020
(MoU).
1. Law.
A document setting out the main terms of a proposed contract.
Also known as a letter of intent.
Whilst it is not a formal contract, some of the terms may be enforceable.
2.
Any other document setting out the terms of an agreement between organisations or individuals, not intended to be legally binding.
- International agreements for bank supervision
- "The Bank [of England] has a number of MoUs with international authorities to support collegiate/co-operative [bank] supervision."
- The Bank of England's supervision of financial market infrastructures - Annual Report - 2014 - p12.