statutory sub-committee of Court

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English term or phrase:	statutory sub-committee of Court
Greek translation:	Κανονιστική υποεπιτροπή του ΔΣ ή/και του Συμβουλίου
Entered by:	Assimina Vavoula

11:22 Jan 9, 2015

This question was closed without grading. Reason: Answer found elsewhere

English to Greek translations [PRO]
Economics / Finance

English term or phrase: statutory sub-committee of Court

Financial Policy Committee
The Financial Services Act 2012 brought major reforms to create a UK regulatory framework which is focused on the issues that matter and better equipped to deliver financial stability.

On 1 April 2013 the new legislation established an independent Financial Policy Committee (FPC) at the Bank. The Committee is charged with a primary objective of identifying, monitoring and taking action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. The FPC has a secondary objective to support the economic policy of the Government.

Previously, in February 2011, the Bank’s Court of Directors created an interim FPC to undertake, as far as possible, the future statutory role of FPC. The interim FPC held its first policy meeting in June 2011, and met on a quarterly basis thereafter.

The Committee publishes a record of its formal policy meetings, and is responsible for the Bank’s bi-annual Financial Stability Report.

The FPC is a *statutory sub-committee of Court*. Its members are the Governor, the three Deputy Governors, the Chief Executive of the Financial Conduct Authority (FCA), the Bank’s Executive Director for Financial Stability Strategy and Risk, four external members appointed by the Chancellor, and a non-voting representation of the Treasury.

Assimina Vavoula KudoZ activity Questions: 4781 (none open) (134 closed without grading) Answers: 1621 Greece
Local time: 16:30

Summary of answers provided

4 -1

θεσπισμένη υποεπιτροπή του δικαστηρίου

Spyros Salimpas

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3 mins confidence:

peer agreement (net): -1

statutory sub-committee of court θεσπισμένη υποεπιτροπή του δικαστηρίου

Explanation:
...

Spyros Salimpas
Local time: 16:30
Native speaker of:

Greek
PRO pts in category: 24

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