100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
LIBF Unit 4 Topic 1 Study guide question sections. 100% Coverage, rated A+ CA$12.19   Add to cart
Quickly navigate to
Preview
  2.  
  3. LIBF
  4.  
  5. LIBF
  6.  
  7. LIBF

Exam (elaborations)

LIBF Unit 4 Topic 1 Study guide question sections. 100% Coverage, rated A+
 8 views  0 purchase

LIBF Unit 4 Topic 1 Study guide question sections. 100% Coverage, rated A+ Competition and Markets Authority (CMA) - -The body responsible for strengthening business competition and preventing and reducing anti-competitive activities. Counterparties - -People and organisations (eg companies...

[Show more]

Preview 1 out of 3  pages

Document information

  • February 21, 2023
  • 3
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

  • libf unit 4 topic 1 study guide question sections 100 coverage
  • rated a competition and markets authority cma the body responsible for strengthening business competition and preventing and r

Written for

All documents for this subject (36)

Seller

avatar-seller
QuickPass

Reviews received

Content preview

LIBF Unit 4 Topic 1 Study guide question
sections. 100% Coverage, rated A+

Competition and Markets Authority (CMA) - ✔✔-The body responsible for strengthening business
competition and preventing and reducing anti-competitive activities.



Counterparties - ✔✔-People and organisations (eg companies) who lend money to and borrow from
financial intermediaries (ie financial institutions such as banks).



Credit Union - ✔✔-A mutual organisation (that is, owned by its members) that provides a range of
financial products to members, eg savings accounts and personal loans. Members of a credit union must
share a common bond, eg all work for the same employer or all work in the same district.



Divestment - ✔✔-The process of selling off parts of a company to make it smaller e.g. Lloyds sell-off that
created new TSB branches



Financial Conduct Authority (FCA) - ✔✔-The organisation that regulates financial firms providing services
to consumers, and maintains the integrity of the UK's financial markets.



Financial intermediary - ✔✔-A financial institution that facilitates the exchange of funds between savers
and spenders by taking in funds from savers and then lending those funds to borrowers and investors



Financial intermediation - ✔✔-The process of taking in deposits from those with a surplus and lending
those funds out of those who need to borrow



Financial Ombudsman Service (FOS) - ✔✔-An independent body set up by Parliament that settles
customer complaints about providers at no charge to consumers



Financial Policy Committee (FPC) - ✔✔-A part of the Bank of England that monitors and responds to risk
posed to the entire financial services market. Its focus on the whole market makes it a macro-prudential
authority.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller QuickPass. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$12.19. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80202 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$12.19
  • (0)
  Add to cart