Debit transfer system and Macroprudential: Difference between pages

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imported>Doug Williamson
(Expand bank regulation context. Source: MCT bank regulation study material.)
 
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''Funds transfer.''
Regulation for the welfare of the financial system as a whole rather than individual financial institutions.


A funds transfer system in which debit collection orders made or authorised by the payor move from the bank of the payee to the bank of the payor and result in a charge (debit) to the account of the payor; for example cheque-based systems are typical debit transfer systems.
One insight from the Global Financial Crisis (GFC) was that bank viability regulation at the macro/systemic level had been dangerously neglected pre-crisis.


Also known as Debit collection system.


== See also ==
== See also ==
* [[Credit transfer]]
* [[Microprudential]]
* [[Credit transfer system]]
* [[GFC]]

Revision as of 12:31, 1 September 2015

Regulation for the welfare of the financial system as a whole rather than individual financial institutions.

One insight from the Global Financial Crisis (GFC) was that bank viability regulation at the macro/systemic level had been dangerously neglected pre-crisis.


See also

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