Bank regulation
Bank Regulation
Bank regulation (pronunciation: /bæŋk ˌrɛgjʊˈleɪʃən/) is a form of government regulation which subjects banks to certain requirements, restrictions and guidelines, designed to create market transparency between banking institutions and the individuals and corporations with whom they conduct business, among other things.
Etymology
The term "Bank regulation" is derived from the word "bank", which comes from the Old Italian word "banca", meaning "table", and "regulation", which comes from the Latin "regulare", meaning "to control".
Related Terms
- Banking law: The legal principles which underpin the operation of banks and banking activity.
- Financial regulation: A form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines.
- Central Bank: A financial institution given privileged control over the production and distribution of money and credit for a nation or a group of nations.
- Financial Stability Board: An international body that monitors and makes recommendations about the global financial system.
- Basel Accords: A set of recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.
See Also
External links
- Medical encyclopedia article on Bank regulation
- Wikipedia's article - Bank regulation
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