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The Treasurer’s Wiki aims to share knowledge and experience across the treasury community. We hope you will use it as a platform to share knowledge and provide useful tools to other likeminded people.

The Association of Corporate Treasurers (ACT) sets the benchmark for international treasury excellence. As the Chartered body for treasury, we lead the profession by delivering our internationally recognised suite of treasury qualifications, by defining standards and by championing continuing professional development. We are the authentic voice of the treasury profession representing the interests of the real economy and educating, supporting and leading the treasurers of today and tomorrow.

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(B)/W to Annual percentage rate
Annual report to Best execution
Best execution rule to CRM
CRO to Common law
Common shares to Cyberrisk
Cybersecurity to Dual resident company
Duality to Ex interest
Examinership to Fintech
Fintech disruptor to Granular
Gratuitous to Immunisation
Immunization to LCR
LCY to Management discussion and analysis
Management expenses to NewCHAPS
New Hanseatic League to PRA
PRAG to Profit maximisation
Profit maximising output to Required Stable Funding
ResCo to Self administered pension scheme
Self management and accountability to Swap Break Clauses
Swap execution facility to Trigger event
Trillion to ZBA
ZBB to Zero rated

Random article

Third line of defence

1. Banking

The first, second and third lines of defence are identified by the Bank of England in relation to establishing and defending fair and effective markets.

These 'lines of defence' are the governance and controls to protect against risks in an organisation.


The third line of defence is an independent assurance function - the internal audit function.


2.

Similar concepts and structures in other organisations.


See also

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