European Supervisory Authority and Insolvency: Difference between pages

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(ESA).
1.


There are three European Supervisory Authorities:
Inability to pay financial obligations as they fall due.
#The European Banking Authority (EBA).
#The European Securities and Markets Authority (ESMA).
#The European Insurance and Occupational Pensions Authority (EIOPA).




The purpose of the ESAs is to support the efficient functioning of the European internal market by harmonising the regulation and supervision of financial markets in each member state.
2. ''UK law''.


Individual supervisory authorities remain in charge of supervising individual financial institutions in their respective jurisdictions.
The inability of a company - on a balance of probabilities - to meet all of its existing, prospective and contingent liabilities, taking account of future costs and of future interest obligations.
 
In making this assessment, future income and future asset valuations are also taken into account.




== See also ==
== See also ==
* [[Bank of England]]
* [[Balance sheet insolvent]]
* [[Bank supervision]]
* [[Bankruptcy]]
* [[Basel III]]
* [[Cash flow insolvent]]
* [[European Banking Authority]]
* [[Chapter 11]]
* [[European Central Bank]]
* [[Company voluntary arrangement]]
* [[European Insurance and Occupational Pensions Authority]]
* [[Corporate Insolvency and Governance Act]]
* [[European Securities and Markets Authority]]
* [[Cost of financial distress]]  = insolvency costs
* [[European System of Financial Supervision]]
* [[Creditors]]
* [[Euro zone]]
* [[Individual Voluntary Arrangement]]
* [[Federal Reserve System]]
* [[Insolvency Act]]
* [[Financial Services Authority]]
* [[Insolvency practitioner]]
* [[Financial Conduct Authority]]
* [[Insolvency Service]]
* [[Home supervisor]]
* [[Liquidity]]
* [[Host supervisor]]
* [[London Approach]]
* [[Internal Market]]
* [[Scheme of arrangement]]
* [[Prudential Regulation Authority]]
* [[Solvency]]
* [[Supervisory college]]
* [[Solvency II]]
* [[Statement of affairs]]
* [[Voluntary liquidation]]
 
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 16:32, 1 July 2022

1.

Inability to pay financial obligations as they fall due.


2. UK law.

The inability of a company - on a balance of probabilities - to meet all of its existing, prospective and contingent liabilities, taking account of future costs and of future interest obligations.

In making this assessment, future income and future asset valuations are also taken into account.


See also