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Index of abbreviations in:

Stanyo Dinov

Central Banks as a Bank Supervisor, page 11 - 16

A Comparison of the Function of the Bank of England, the Federal Reserve and the European Central Bank

1. Edition 2017, ISBN print: 978-3-8288-3993-9, ISBN online: 978-3-8288-6765-9, https://doi.org/10.5771/9783828867659-11

Series: Wissenschaftliche Beiträge aus dem Tectum Verlag: Rechtswissenschaften, vol. 90

Tectum, Baden-Baden
Bibliographic information
Index of abbreviations ACSS American Council of State Savings Supervisors BA Banking Act BHCA Bank Holding Company Act 1956 BIS Bank for international Settlement BoE Bank of England CB Central Bank CCB countercyclical capital buffer CCP central counter parties CFPA Consumer Financial Promotion Agency CFPB Consumer Financial Protection Bureau CFTC Commodity Futures Trading Commission COP Congressional Oversight Panel CRD Capital Requirements Directive CRR Capital Requirements Regulation CSBS Conference of State Bank Supervisors CSDR Central Securities and Deposit Regulation DFS New York State Department of Financial Services EBA European Banking Authority EBOR European Business Organization Law Review EC European Commission ECB European Central Bank ed. editor edn. edition ECFR European Company and Financial Law Review ECOFIN Economic and Financial Committee ECU European Currency Union XI EEC European Economic Community EFSF European Financial Stability Facility EMCF European Monetary Cooperation Fund EMI European Monetary Institute EMIR European Market Infrastructure Regulation EMU European Monetary Union EP European Parliament ERM European Exchange Rate Mechanism ESCB European System of Central Banks ESFS European System of Financial Supervision ESM European Stability Mechanism ESRB European Systemic Risk Board et al. and others EU European Union FCA Financial Conduct Authority FDIC Federal Deposit Insurance Corporation Fed Federal Reserve FHC Financial Holding Company FMIs Financial Market Infrastructures FMUs Financial Market Utilities fn footnote FOMC Federal Open Market Committee FPC Financial Policy Committee FRA Federal Reserve Act FRB Federal Reserve Board FRDC Federal Reserve Deposit Corporation FRS Federal Reserve System FSA Financial Services Act FSA Financial Services Authority FSB Financial Services Bill FSB Financial Stability Board Index of abbreviations XII FSC Financial Stability Committee FSC Financial Services Committee FSCS Financial Services Compensation Scheme FSMA Financial Services and Market Act FSOC Financial Services Oversight Council FSOC Financial Stability Oversight Council GDP Gross Domestic Product GLB Act Gramm-Leach-Bliley Act GSA Glass-Steagall Act LLR Lender Last Resort MPC Monetary Policy Committee MS Member State NBS National Bank Supervisor NCA National Competent Authority NCB National Central Bank OCC Office of Comptroller of the Currency ONI Office of National Insurance OTC Over the Counter OTS Office of Thrift Supervision OUP Oxford University Press par. paragraph PRA Prudential Regulation Authority RRM Recovery and Resolution Mechanism RRP Recovery and Resolution Procedure SC Supervisory College SEC Security and Exchange Commission SIFI Systemically Important Financial Institution SLC State Liaison Committee SRM Single Resolution Mechanism SRR Special Resolution Regime SRU Special Resolution Unit Index of abbreviations XIII SSRN Social Science Research Network SSM Single Supervisory Mechanism TARP Troubled Assets Relief Program TEU Treaty of the European Union TFEU Treaty of the Function of the European Union tn trillion US United States Vol. Volume Index of abbreviations XIV Central Banks as a Bank Supervisor. A Comparison of the Function of the Bank of England, the Federal Reserve and the European Central Bank

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Abstract

As a result of the Global Financial Crisis in 2007, the financial and bank supervision in many countries was reformed. Stanyo Dinov investigates the Central Banks of the three advanced financial systems – the UK, the USA and the EU – and the questions related to their supervisory role. All three banks historically and symbolically represent different legal systems, influenced by each other and comparable to one another. They all represent the model of free market economy, whose roots began with the idea of economic liberalism and wellbeing from Adam Smith. The legislators in the UK, the USA and the EU have chosen solutions that are in some ways similar though in other ways different to reform these financial systems. Therefore, on the basis of their historical development, the author presents and compares the post-crisis reforms by these three systems, with the main focus on the CBs’ role as banking supervisor. Existing problems are discussed and some alternative solutions are presented.