Define Living Will under Regulatory Reporting and Basel perspective. #ChartAcc
Friday, April 11, 2014
0 Comments
ChartAcc.com - Normally, A Living Will means legal document of a person to make his or her wishes regarding life prolonging medical treatments when he/she is not in a state to take decisions.
Same ways Banks are also required under Basel to chalk out their Living Will to plan a mock scenario of resolution or recovery in case Bank fails.
Following are the terms generally used in this regard:
For more on Basel click here.
Same ways Banks are also required under Basel to chalk out their Living Will to plan a mock scenario of resolution or recovery in case Bank fails.
Following are the terms generally used in this regard:
- Resolution Plan
- Recovery Plan
- Too Big to fail
- Stress Test
- Systemic Risk
- Systemically Important Banks
- Credit and Market Risk
- Dodd-Frank Model
- Risk Modelling
- Prudential standards
For a detailed definition of there terms stay connected to ChartAcc.com
For more on Basel click here.
Subscribe to:
Post Comments (Atom)
 |
| CHARTACC Share space for Chartered Accountants and Financial Professionals |
Novel by a Chartered Accountant
|
A novel by Vikrmn (CA Vikram Verma) a saga of 10 friends.. 10 Dreams.. 10 hearts.. 10 Minds.. It's a story of 10 Chartered Accountants.. who celebrate personal and professional life.. all together.. Ten Together.. |
