- Industria: Financial services
- Number of terms: 25840
- Number of blossaries: 0
- Company Profile:
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking services to private, corporate, and institutional clients worldwide.
Under MiFID: the provision of a personal recommendation to a client regarding specific transactions relating to specific financial instruments.
Industry:Banking
A bond investment strategy that concentrates investments in both very short-term and very long-term maturities.
Industry:Banking
A bond investment strategy where the maturities of the portfolio's securities are highly concentrated around one point on the yield curve.
Industry:Banking
Eurodollars are dollar balances and dollar liabilities beyond the borders of the United States. These transactions collectively form the Eurodollar market. See also Euromarket.
Industry:Banking
A group comprising the major industrialized nations in economic terms, which in view of the global economic importance of the member states have made it their objective to coordinate their respective economic policies.
Industry:Banking
A legislative act of the European Union which is binding in its entirety and directly applicable in all Member States. For this reason, regulations constitute the most powerful form of EU law. Any Member State's local laws contrary to the regulation are overruled as EU law is supreme over the laws of the Member States.
Industry:Banking
A legislative act of the European Union which requires member states to achieve a particular result without dictating the means of achieving that result. Since directives need to be transposed into the national legal framework, margin for manoeuvre as to the form and means of implementation is given. How each country puts the directive into effect depends on their legal structure.
Industry:Banking
A multilateral system which brings together multiple third-party buying and selling of interests in financial instruments - in the system and in accordance with non discretionary rules - in a way that results in a contract in accordance with the provisions of MiFID.
Industry:Banking
As a state regulatory body, FINMA is endowed with supreme authority over banks, insurance companies, stock exchanges, securities dealers and collective investment schemes. It is responsible for combating money laundering and, where necessary, conducts financial restructuring and bankruptcy proceedings. In addition, it has supervisory powers with respect to the disclosure of participations and is the complaints body for decisions of the Takeover Board in the area of public takeover bids for listed companies.
FINMA grants operating licences for companies and organisations subject to its supervision, monitors the supervised institutions with respect to their compliance with the requisite laws, ordinances, directives and regulations, as well as with the conditions for the granting of licences that must be complied with at all times. Where necessary and to the extent permissible by law, FINMA imposes sanctions, provides administrative assistance and regulates. In other words, it participates in the amendment of laws and corresponding ordinances, issues circulars and, where it is authorised to do so, its own ordinances. FINMA is also responsible for ensuring that self-regulation is acknowledged appropriately.
Industry:Banking
Confirmation of the authenticity of a document, photocopy or signature by an authority or notary, without making any statement on the content. See also legalization, apostille.
Industry:Banking
