Institutional protection scheme
id:
institutional-protection-scheme-322-16074185
title:
Institutional protection scheme
text:
An institutional protection scheme (IPS) is an arrangement defined under European Union law since 2013 by the Capital Requirements Regulation, involving a form of mutual liability among several banks and financial institutions, under which each participating entity is protected from insolvency by the financial resources of the other participants. Institutional protection schemes have been described as "virtual groups" of banks. They are particularly prominent in Austria and Germany, and also exi
brand slug:
wiki
category slug:
encyclopedia
description:
Mutual liability arrangement in European banking
original url:
https://en.wikipedia.org/wiki/Institutional_protection_scheme
date created:
date modified:
2024-04-22T10:04:52Z
main entity:
{"identifier":"Q124474898","url":"https://www.wikidata.org/entity/Q124474898"}
image:
fields total:
13
integrity:
14