Chapter 5 Flashcards

1
Q

PRA Supervisory Characteristics

A
  • Judgement-based
  • Forward looking
  • Focused
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2
Q

FCA Supervisory Characteristics

A
  • Proactive approach - before consumer detriment occurs
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3
Q

PRA comprises 3 European Supervisory Authorities

A
  • EBA
  • ESMA
  • EIOPA
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