RO1 - S.1 - the UK financial services industry in its European and global context Flashcards
1
Q
Which office issues gilts to raise long term government finance as bonds?
A
The Debt management Office
2
Q
What is re-insurance?
A
Insurance that insurers take out to insure their large risks
3
Q
Which regulator regulates the clearing systems & payment/ exchange houses?
A
The Payments Systems Regulator (PSR)
4
Q
Which European body scans the world for emerging risks?
A
European Systematic Risk Board (ESRB)
5
Q
Name two of the European Supervisory Authorities (ESAs)
A
a) European Banking Authority (EBA)
b) European Insurance and Occupational Pensions Authority (EIOPA)
c) European Securities and Markets Authority (ESMA)
6
Q
What is the worldwide forum on systematic risk called?
A
Financial Stability Board (FSB)
