nach oben

Erschienen in:

2016 | OriginalPaper | Buchkapitel

3. Legislation, Regulation, and Governance of Building Societies

verfasst von : Barbara Casu, Andrew Gall

Erschienen in: Building Societies in the Financial Services Industry

Verlag: Palgrave Macmillan UK

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

Building societies are mutual financial institutions, owned by their members. They are also known as stakeholder-based financial institutions, and together with co-operatives and saving banks, form an important share of the financial sector in many countries. This chapter reviews the legal and regulatory framework with respect to building societies’ permissible activities and discusses recent developments. In addition, we consider the strengths and weaknesses of the building society model, with a particular focus on capital and governance.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel A Brief History of Building Societies

Nächstes Kapitel Financial Structure of the Building Society Sector

That Act has subsequently been revised by the Building Societies Act 1997, by the Financial Services and Markets Act 2000 and by the Financial Services Act 2012.

Anguren Martín, R. & Marqués Sevillano, J. M. (2011). Cooperative and savings banks in Europe: Nature, challenges and perspectives. Available at SSRN: http://ssrn.com/abstract=1856966

Ayadi, R., Arbak, E., Carbó Valverde, S., Rodriguez Fernandez, F., & Schmidt, R. H. (2009). Investigating diversity in the banking sector in Europe: The performance and role of savings banks. Brussels: Centre for European Policy Studies.

Brunner, A., Decressin, J., Hardy, D., & Kudela, B. (2004). Germany’s three‐pillar banking system—Cross‐country perspective in Europe. International monetary fund occasional paper, no. 233.

Building Societies Association. (2015). Engaging conversations. Building Societies Association.

Chiaramonte, L., Poli, F., & Oriani, M. E. (2015). Are cooperative banks a lever for promoting bank stability? Evidence from the recent financial crisis in OECD countries. European Financial Management, 21(3), 491–523.CrossRef

Financial Services Authority. (2012). Adjustments to FSA’s liquidity and capital regime for UK banks and building societies, Statement on 27 Sept 2012. Financial Services Authority.

Fonteyne, W. (2007). Cooperative banks in Europe – Policy issues. International Monetary Fund working paper, WP/07/159.

Groeneveld, H., & de Vries, B. (2009). European co‐operative banks: First lessons of the subprime crisis. International Journal of Co‐operative Management, 4, 8–21.

Halifax Building Society. (1997). Transfer document. Halifax Building Society.

Hesse, H., & Cihak, M. (2007). Cooperative banks and financial stability. International Monetary Fund Working Paper.

Kay, J. (2012). The Kay review of UK equity markets and long term decision making: Final report. Department for Business, Innovation and Skills.

Michie, J., & Llewellyn, D. T. (2010). Converting failed institutions into mutual organisations. Journal of Social Enterprise, 1(1), 146–170.

Titel: Legislation, Regulation, and Governance of Building Societies
verfasst von: Barbara Casu
Andrew Gall
Verlag: Palgrave Macmillan UK
Buch: Building Societies in the Financial Services Industry
Print ISBN: 978-1-137-60207-7

Electronic ISBN: 978-1-137-60208-4

Copyright-Jahr: 2016
DOI: https://doi.org/10.1057/978-1-137-60208-4_3