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A comparative analysis of the US and EU retail banking markets - Wsbi

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ABBREVIATIONS<br />

ABS<br />

Asset-Backed Securities<br />

EPN<br />

Electronic Payments Network<br />

ACB<br />

America’s Community Bankers<br />

ESBG<br />

European Savings Banks Group<br />

ACCIS<br />

Association <strong>of</strong> Consumer Credit Information<br />

Suppliers<br />

ESC<br />

ESCB<br />

European Securities Committee<br />

European System <strong>of</strong> Central Banks<br />

ACH<br />

Automated Clearing House<br />

<strong>EU</strong><br />

European Union<br />

ACSSS<br />

American Council <strong>of</strong> State Savings Supervisors<br />

FASB<br />

Financial Accounting St<strong>and</strong>ards Board<br />

AMA<br />

Advanced Management Approach<br />

FATF<br />

Financial Action Task Force<br />

AMEX<br />

American Stock Exchange<br />

FCRA<br />

Fair Credit Reporting Act<br />

APA<br />

Administration Procedure Act<br />

FDI<br />

Federal Deposit Insurance<br />

APRC<br />

Annual Percentage Rate <strong>of</strong> Charge<br />

FDIC<br />

Federal Deposit Insurance Corporation<br />

ATM<br />

BIF<br />

Automated Teller Machine<br />

Bank Insurance Fund<br />

FDICIA<br />

Federal Deposit Insurance Corporation<br />

Improvements Act<br />

BSC<br />

Banking Supervisory Committee<br />

Fed<br />

Federal Reserve<br />

CDIA<br />

Consumer Data Industry Association<br />

FFIEC<br />

Federal Financial Institutions Examination Council<br />

CDO<br />

Collateralised Debt Obligation<br />

FHLB<br />

Federal Home Loan Bank<br />

CEBS<br />

CEIOPS<br />

Committee <strong>of</strong> European Banking Supervisors<br />

Committee <strong>of</strong> European Insurance <strong>and</strong><br />

Occupational Pensions Supervisors<br />

FIRREA<br />

FRA<br />

Financial Institutions Reform, Recovery,<br />

<strong>and</strong> Enforcement Act<br />

Federal Reserve Act<br />

CEPS<br />

Centre for European Policy Studies<br />

FSA<br />

Financial Services Authority<br />

CESR<br />

Committee <strong>of</strong> European Securities Regulators<br />

FSAP<br />

Financial Services Action Plan<br />

CFR<br />

Code <strong>of</strong> Federal Regulations<br />

FSLIC<br />

Federal Savings <strong>and</strong> Loan Insurance Corporation<br />

CFTC<br />

Commodity Futures Trading Commission<br />

GAAP<br />

Generally Accepted Accounting Practices<br />

CHIPS<br />

Clearing House Interbank Payment Systems<br />

GDP<br />

Growth Domestic Product<br />

CRA<br />

Community Reinvestment Act<br />

GLB<br />

Gramm-Leach-Bliley<br />

CRA<br />

Congressional Review Act<br />

GSE<br />

Government Sponsored Enterprise<br />

CSBS<br />

Conference <strong>of</strong> State Bank Supervisors<br />

HOLA<br />

Home Owners’ Loan Act<br />

CSFI<br />

Centre for <strong>the</strong> Study <strong>of</strong> Financial Innovation<br />

IAS<br />

International Accounting St<strong>and</strong>ards<br />

CSR<br />

Corporate Social Responsibility<br />

IASB<br />

International Accounting St<strong>and</strong>ards Board<br />

CU<br />

Credit Union<br />

ICA<br />

International Cooperative Alliance<br />

CUNA<br />

Credit Union National Association<br />

ICPF<br />

Insurance Corporations <strong>and</strong> Pension Fund<br />

C<strong>US</strong>O<br />

Credit Union Service Organisation<br />

IFRS<br />

International Financial Reporting St<strong>and</strong>ards<br />

EBA<br />

Euro Banking Association<br />

IPO<br />

Initial Public Offering<br />

EBC<br />

European Banking Committee<br />

IRB<br />

Internal Rating Based<br />

EC<br />

European Community<br />

ISD<br />

Investment Services Directive<br />

ECB<br />

European Central Bank<br />

IUHF<br />

International Union for Housing Finance<br />

ECN<br />

Electronic Communication Network<br />

KfW<br />

Kreditanstalt für Wiederaufbau<br />

EEA<br />

European Economic Area<br />

LBS<br />

L<strong>and</strong>esbausparkasse<br />

EFR<br />

European Financial Roundtable<br />

LSE<br />

London Stock Exchange<br />

EIB<br />

European Investment Bank<br />

M&A<br />

Merger & Acquisition<br />

EIF<br />

European Investment Fund<br />

MAP<br />

Multi-Annual Programme<br />

EIOPC<br />

European Insurance <strong>and</strong> Occupational<br />

Pensions Committee<br />

MBS<br />

MFI<br />

Mortgage-Backed Securities<br />

Monetary Financial Institution<br />

EMFA<br />

European Mortgage Finance Agency<br />

MHC<br />

Mutual Holding Company<br />

EMV<br />

Europay, Mastercard <strong>and</strong> Visa<br />

MiFID<br />

Markets in Financial Instruments Directive<br />

149

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