non-bank affiliate of a foreign bank

nonbank bank | non-bank financial institution | shadow bank | NBFI [Abbr.]

EU framework for bank recovery and resolution | framework for the recovery and resolution of credit institutions and investment firms

non-bank bank | country bank | near bank | non bank deposit taking institution | non bank financial institution | non banking financial institution | non banking institution | non bank institution | non-bank financial company | limited-service bank

banking [ banking operation | banking services | banking transaction ]

private non-bank credit

checkbook balancing | check balancing

36. Stresses that, in addition to regulation and supervision, efforts towards a cultural change in the financial sector have to be pursued further; calls on all actors in the financial sector, including banks, non-banks, national central banks and the ECB, to work towards a cultural change and a culture of compliance within their organisations that puts the interest of customers first, ensures a system of liability for responsible key managers and a longer-term orientation of financial market participants, and contributes to the diversity of funding sources; stresses the benefits of a long-term partnership approach to funding and a diversified European banking sector wi ...[+++]th an important role of relationship banking for consumers and micro, small and medium-sized enterprises, in particular in terms of reducing asymmetries in information, thanks also to instruments available through new digital technologies;

on recovery and resolution framework for non-bank institutions

- a "same risk, same rule” regulatory framework that ensures that non-banks performing bank-like activities and interacting with banks are not beyond the reach of regulators;

a ‘same risk, same rule’ regulatory framework that ensures that non-banks performing bank-like activities and interacting with banks are not beyond the reach of regulators;