(Difference between pages)
imported>Doug Williamson |
imported>Administrator |
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| <i>Bank resolution.</i>
| | The same as a Vostro account in Correspondent banking. |
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| (KAs).
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| 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.
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| Key Attributes include two techniques for resolving standard commercial banks:
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| #Liquidation and Payout (L&P)
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| #Purchase and Assumption (P&A)
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| == See also == | | == See also == |
| | * [[Correspondent banking]] |
| | * [[Nostro account]] |
| | * [[Vostro account]] |
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| * [[Financial Stability Board]]
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| * [[G20]]
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| * [[Liquidation and Payout]]
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| * [[Purchase and Assumption]]
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| * [[Resolution]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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Revision as of 14:20, 23 October 2012
The same as a Vostro account in Correspondent banking.
See also
