Oxford University Press is a department of the University of Oxford. It furthers the Universitys objective of excellence in research, scholarship, and education by publishing worldwide. Oxford is a registered trade mark of Oxford University Press in the UK and in certain other countries
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of Oxford University Press, or as expressly permitted by law, by licence or under terms agreed with the appropriate reprographics rights organization. Enquiries concerning reproduction outside the scope of the above should be sent to the Rights Department, Oxford University Press, at the address above
You must not circulate this work in any other form and you must impose this same condition on any acquirer
Crown copyright material is reproduced under Class Licence Number C01P0000148 with the permission of OPSI and the Queens Printer for Scotland
Links to third party websites are provided by Oxford in good faith and for information only. Oxford disclaims any responsibility for the materials contained in any third party website referenced in this work.
ABI | Association of British Insurers |
ABSs | asset-backed securities |
AIG | American International Group |
APRA | Australian Prudential Regulation Authority |
ASIC | Australian Securities and Investments Commission |
ATSs | alternative trading systems |
BaFin | Bundesaufsichtsamt fr das Finanzwesen |
BAV | Bundesaufsichtsamt fr das Versicherungswesen |
BCBS | Basel Committee on Banking Supervision |
BEM | book-entry money |
BHCA | Bank Holding Company Act |
BIS | Bank for International Settlements |
BoE | Bank of England |
BRRD | Bank Recovery and Resolution Directive |
BTSs | Binding Technical Standards |
CAs | clearing agencies |
CBRA | Conduct of Business Regulatory Agency |
CCAR | Comprehensive Capital Analysis and Review |
CCB | countercyclical capital buffer |
CCP | central counterparty |
CDOs | collateralized debt obligations |
CDSs | credit default swaps |
CEA | Commodity Exchange Act |
CEBS | Committee of European Banking Supervisors |
CEIOPS | Committee of European Insurance and Occupational Pensions Supervisors |
CEPR | Centre for Economic Policy Research |
CESR | Committee of European Securities Regulators |
CFPB | Consumer Financial Protection Bureau |
CFR | Code of Federal Regulations |
CFTC | Commodity Futures Trading Commission |
CJEU | Court of Justice of the European Union |
COB | conduct of business |
CoCos | contingent convertible instruments |
CoPoD | conditional probabilities of distress |
CPSS | Committee on Payment and Settlement Systems |
CRAs | credit rating agencies |
CRD | Capital Requirements Directive |
CROs | chief risk officers |
CRR | Capital Requirements Regulation |
CRT | credit risk transfer |
CSDs | central securities depositories |
CVAR | cointegrated vector autoregression |
DCM | Designated Contract Market |
DCOs | Derivatives Clearing Organizations |
DGI | data gap initiative |
DoJ | Department of Justice |
DSB | Dispute Settlement Body |
DSIBs | domestic systemically important banks |
DSM | Dispute Settlement Mechanism |
EACH | European Association of CCP Clearing Houses |
EBA | European Banking Authority |
EBC | European Banking Committee |
EBU | European Banking Union |
ECB | European Central Bank |
ECMH | efficient capital market hypothesis |
ECtHR | European Court of Human Rights |
EIOPA | European Insurance and Occupational Pensions Authority |
EIOPC | European Insurance and Occupational Pensions Committee |
EMIR | European Market Infrastructure Regulation |
ESAs | European Supervisory Authorities |
ESC | European Securities Committee |
ESFS | European System of Financial Supervision |
ESM | European Stability Mechanism |
ESMA | European Securities and Markets Authority |
ESRB | European Systemic Risk Board |
ETFs | exchange-traded funds |
EU | European Union |
FAT | Financial Activities Tax |
FATF | Financial Action Task Force |
FCA | Financial Conduct Authority |
FDIC | Federal Deposit Insurance Corporation |
FFIEC | Federal Financial Institutions Examination Council |
FINRA | Financial Industry Regulatory Authority |
FMIs | financial market infrastructures |
FPC | Financial Policy Committee |
FSA | Financial Services Authority |
FSAP | Financial Sector Assessment Program/Financial Services Action Plan |
FSB | Financial Stability Board |
FSC | Financial Stability Contribution |
FSCS | Financial Services Compensation Scheme |
FSF | Financial Stability Forum |
FSMA 2000 | Financial Services and Markets Act 2000 |
FSOC | Financial Stability Oversight Council |
G20 | Group of 20 |
GATS | General Agreement on Trade in Services |