Alle boeken

Professioneel

Apps Over Coach Inloggen Begin met lezen

Quantitative Finance · Begrippenlijst

Wat is Regulatory perimeter, authorisation?

Ook bekend als: regulatory perimeter · authorisation

Definition 17.1 The Desk and the Firm · Hoofdstuk 17 — Regulators and Licences

The regulatory perimeter of a jurisdiction is the boundary between the activities that require permission from a regulator and those that do not, drawn by the legislation’s definitions of regulated activities and its exemptions. Authorisation is the permission, granted by a regulator on application, to carry on specified regulated activities, with the conditions, capital and supervision that go with it.

Lees in het hoofdstuk →