Tag: regulation

Before You Bet: A Beginner’s Guide to Understanding Crypto’s Volatility and...

As cryptocurrency continues to gain mainstream acceptance, it has attracted lots of attention in the financial world. It is an appealing option for investors,...

Yearly Renewable Term Plan of Reinsurance

What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In...

Natural Monopoly

DefinitionA natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of...

Office Of The Superintendent Of Financial Institutions (OSFI)

What is 'Office Of The Superintendent Of Financial Institutions - OSFI' An independent agency responsible for the regulation of banks, insurance companies,...

National Association of Insurance Commissioners (NAIC)

What is 'National Association of Insurance Commissioners - NAIC' A nationwide organization whose main responsibility is to protect the interests of insurance...

National Market System (NMS)

What is a 'National Market System - NMS' A national market system (NMS) is a system with two main functions: ...

Official Staff Commentary

What is 'Official Staff Commentary' Commentary published by the Federal Reserve. Official staff commentaries are laid out in a question-and-answer format. They...
Omnibus account

Omnibus Account

What is an Omnibus Account An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...

Macroprudential Analysis

What is 'Macroprudential Analysis' A method of economic analysis that evaluates the health, soundness and vulnerabilities of a financial system. Macroprudential analysis...

Real Estate Settlement Procedures Act (RESPA)

What is 'Real Estate Settlement Procedures Act - RESPA' This act was designed to protect potential homeowners and enable them to become...

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