{ "ABoR": "Administrative Board of Review", "ABS": "asset-backed security", "ABSPP": "asset-backed securities purchase programme", "ACH": "automated clearing house", "AIF": "alternative investment fund", "AMA": "advanced measurement approach", "AMC": "asset management company", "AMI-Pay": "Advisory Group on Market Infrastructures for Payments", "AMI-SeCo": "Advisory Group on Market Infrastructures for Securities and Collateral", "AML": "anti-money laundering", "API": "application programming interface", "APP": "asset purchase programme", "ASC": "Advisory Scientific Committee", "ASLP": "automated security lending programme", "AT1": "Additional Tier 1", "ATC": "Advisory Technical Committee", "ATM": "automated teller machine", "b.o.p.": "balance of payments", "BCBS": "Basel Committee on Banking Supervision", "BCPs": "Basel Core Principles", "BEPGs": "Broad Economic Policy Guidelines", "BIC": "Business Identifier Code", "BIS": "Bank for International Settlements", "BPM6": "Balance of Payments and International Investment Position Manual", "bps": "basis points", "BRM": "breach reporting mechanism", "BRRD": "Bank Recovery and Resolution Directive", "c.i.f.": "Cost, insurance and freight at the importer’s border", "CAPE": "cyclically adjusted price/earnings (ratio)", "CAPM": "capital asset pricing model", "CAS": "capital adequacy statement", "CBOE": "Chicago Board Options Exchange", "CBPP": "covered bond purchase programme", "CBR": "combined buffer requirement", "CCBM": "correspondent central banking model", "CCBM2": "Collateral Central Bank Management", "CCoB": "capital conservation buffer", "CCP": "central counterparty", "CCyB": "countercyclical capital buffer", "CDS": "credit default swap", "CESR": "Committee of European Securities Regulators", "CET1": "Common Equity Tier 1", "CGFS": "Committee on the Global Financial System", "CGO": "Compliance and Governance Office", "CISS": "composite indicator of systemic stress", "CJEU": "Court of Justice of the European Union", "CMU": "capital markets union", "CO2": "carbon dioxide", "COGESI": "Contact Group on Euro Securities Infrastructures", "COI": "Centralised On-Site Inspections Division", "COREP": "common reporting", "CPI": "consumer price index", "CPMI": "Committee on Payments and Market Infrastructures", "CPSIPS": "Core Principles for Systemically Important Payment Systems", "CRD": "Capital Requirements Directive", "CRE": "commercial real estate", "CRR": "Capital Requirements Regulation", "CSD": "central securities depository ", "CSPP": "corporate sector purchase programme", "D-SIB": "domestic systemically important bank", "DFR": "deposit facility rate", "DG ECFIN": "Directorate General for Economic and Financial Affairs, European Commission", "DGS": "deposit guarantee scheme", "DLT": "distributed ledger technology", "DSR": "debt service ratio", "DSTI": "debt service-to-income", "DTA": "deferred tax asset", "DTI": "debt-to-income", "DvD": "delivery versus delivery", "DvP": "delivery versus payment", "EAD": "exposure at default", "EBA": "European Banking Authority", "EBITDA": "earnings before interest, taxes, depreciation and amortisation", "EBP": "excess bond premium", "EBPP": "Electronic Bill Presentment and Payment ", "ECA": "European Court of Auditors", "ECAF": "Eurosystem credit assessment framework", "ECB": "European Central Bank ", "ECL": "expected credit loss", "ECOFIN": "Economic and Financial Affairs Council. Council of the European Union", "ECU": "European Currency Unit ", "EDF": "expected default frequency", "EDI": "electronic data interchange ", "EDIS": "European Deposit Insurance Scheme", "EDP": "excessive deficit procedure ", "EDW": "European Data Warehouse", "EEA": "European Economic Area ", "EER": "effective exchange rate ", "EFC": "Economic and Financial Committee ", "EFSF": "European Financial Stability Facility ", "EFSM": "European Financial Stabilisation Mechanism ", "EIOPA": "European Insurance and Occupational Pensions Authority", "EL": "Expected Loss", "ELB": "effective lower bound", "ELBE": "Expected Loss Best Estimate", "ELMI": "electronic money institution", "EMIR": "European Market Infrastructure Regulation", "EMMS": "Euro Money Market Survey", "EMS": "European Monetary System ", "EMU": "Economic and Monetary Union ", "EONIA": "euro overnight index average", "ERM II": "exchange rate mechanism II", "ERPB": "Euro Retail Payments Board", "ESA": "European Supervisory Authority", "ESA 2010": "European System of Accounts 2010 ", "ESA 95": "European System of Accounts 1995 ", "ESCB": "European System of Central Banks", "ESCG": "European Systemic Cyber Group", "ESFS": "European System of Financial Supervision", "ESM": "European Stability Mechanism", "ESMA": "European Securities and Markets Authority", "ESRB": "European Systemic Risk Board", "ETF": "exchange-traded fund", "EUCLID": "European centralised infrastructure for supervisory data", "EURIBOR": "euro interbank offered rate", "€STR": "euro short-term rate", "EVE": "economic value of equity", "f.o.b.": "Free on board at the exporter’s border", "FINREP": "financial reporting", "FMI": "financial market infrastructure", "FOLTF": "failing or likely to fail", "FOMC": "Federal Open Market Committee", "FRA": "forward rate agreement", "FSB": "Financial Stability Board", "FSR": "Financial Stability Review", "FTS": "funds transfer system", "FVA": "fair value accounting", "FVC": "financial vehicle corporation", "FX": "foreign exchange", "G-SIB": "global systemically important bank", "G-SII": "global systemically important institution", "GAAP": "generally accepted accounting principles", "GDP": "gross domestic product", "HICP": "Harmonised Index of Consumer Prices", "HLEG": "High-Level Expert Group on Sustainable Finance", "HoM": "Head of Mission", "HQLA": "high-quality liquid asset", "i.i.p.": "international investment position", "IAIG": "internationally active insurance group", "IAIS": "International Association of Insurance Supervisors", "IAS": "International Accounting Standards", "IBAN": "International Bank Account Number", "IC": "internal capital", "ICAAP": "Internal Capital Adequacy Assessment Process", "ICMA": "International Capital Market Association", "ICPFs": "insurance corporations and pension funds", "ICR": "interest coverage ratio", "ICS": "Insurance Capital Standard", "ICSD": "international central securities depository", "IF": "investment fund", "IFRS": "International Financial Reporting Standards", "IFTS": "interbank funds transfer system", "ILAAP": "Internal Liquidity Adequacy Assessment Process", "ILO": "International Labour Organization", "ILS": "inflation-linked swap", "IMAS": "SSM Information Management System", "IMF": "International Monetary Fund", "IMI": "internal model investigation", "IOSCO": "International Organization of Securities Commissions", "IPS": "institutional protection scheme", "IRB": "internal ratings-based", "IRBA": "internal ratings-based approach", "IRR": "internal rate of return", "IRRBB": "interest rate risk in the banking book", "IRT": "Internal Resolution Team", "ISIN": "International Securities Identification Number", "ITS": "Implementing Technical Standards", "JSS": "Joint Supervisory Standards", "JST": "Joint Supervisory Team", "JSTC": "Joint Supervisory Team coordinator", "KRI": "key risk indicator", "LCBG": "large and complex banking group", "LCR": "liquidity coverage ratio", "LGD": "loss-given-default", "LSI": "less significant institution", "LSTI": "loan service-to-income", "LTD": "loan-to-deposit", "LTG": "long-term guarantee", "LTI": "loan-to-income", "LTRO": "longer-term refinancing operation", "LTSF": "loan-to-stable-funding", "LTV": "loan-to-value", "M&A": "mergers and acquisitions", "MDA": "maximum distributable amount", "MFI": "monetary financial institution", "MiFID": "Markets in Financial Instruments Directive", "MiFIR": "Markets in Financial Instruments Regulation", "MIP": "macroeconomic imbalance procedure", "MMF": "money market fund", "MMS": "money market statistics", "MMSR": "money market statistical reporting", "MPC": "Monetary Policy Committee", "MREL": "minimum requirement for own funds and eligible liabilities", "MSC": "merchant service charge", "NAV": "net asset value", "NBNI": "non-bank, non-insurance", "NCA": "national competent authority", "NCB": "national central bank", "NDA": "national designated authority", "NFC": "non-financial corporation", "NFCI": "net fee and commission income", "NII": "net interest income", "NIRP": "negative interest rate policy", "NPE": "non-performing exposure", "NPLs": "non-performing loans", "NRA": "national resolution authority", "NSA": "national supervisory authority", "NSFR": "net stable funding ratio", "O&D": "options and discretions", "O-SII": "other systemically important institution", "OECD": "Organisation for Economic Co-operation and Development", "OFI": "other financial institution", "OIS": "overnight index swap", "OJ": "Official Journal of the European Union", "ORC": "overall recovery capacity", "OSI": "on-site inspection", "OTC": "over-the-counter", "P&L": "profit and loss", "P/E": "price/earnings (ratio)", "P2G": "Pillar 2 guidance", "P2P payment": "peer-to-peer payment", "P2R": "Pillar 2 requirement", "PCE": "personal consumption expenditure", "PD": "probability of default", "PE-ACH": "pan-European automated clearing house", "PIN": "personal identification number", "PPI": "prudential policy index", "PPP": "purchasing power parity", "PQD": "public quantitative disclosure", "PSPP": "public sector purchase programme", "PvP": "payment versus payment", "QE": "quantitative easing", "RAROC": "risk-adjusted return on capital", "RAS": "risk appetite statement", "repo": "repurchase agreement, repurchase operation", "ROA": "return on assets", "ROE": "return on equity", "RORAC": "return on risk-adjusted capital", "RRE": "residential real estate", "RTGS system": "real-time gross settlement system", "RTS": "Regulatory Technical Standards", "RWA": "risk-weighted asset", "S&P": "Standard & Poor’s", "SBBS": "sovereign bond-backed security", "SCR": "Solvency Capital Requirement", "SDR": "special drawing right", "SEP": "Supervisory Examination Programme", "SEPA": "Single Euro Payments Area", "SFT": "securities financing transaction", "SGP": "Stability and Growth Pact", "SI": "significant institution", "SII": "systemically important institution", "SIPS": "systemically important payment system", "SMEs": "small and medium-sized enterprises", "SPV": "special-purpose vehicle", "SQA": "Supervisory Quality Assurance", "SRB": "systemic risk buffer", "SREP": "Supervisory Review and Evaluation Process", "SRF": "Single Resolution Fund", "SRM": "Single Resolution Mechanism", "SRMR": "Single Resolution Mechanism Regulation", "SSG": "SSM Simplification Group", "SSM": "Single Supervisory Mechanism", "SSMR": "Single Supervisory Mechanism Regulation", "SSS": "securities settlement system", "STE": "Short Term Exercise", "STP": "straight-through processing", "T2": "Tier 2", "T2S": "TARGET2-Securities", "TFEU": "Treaty on the Functioning of the European Union", "TIPS": "TARGET instant payment settlement", "TLAC": "total loss-absorbing capacity", "TLTRO": "targeted longer-term refinancing operation", "TREA": "total risk exposure amount", "TRIM": "targeted review of internal models", "TRN": "transaction reference number", "TSCG": "Treaty on Stability, Coordination and Governance in the Economic and Monetary Union", "UL": "Unexpeccted Loss", "TSCR": "total SREP capital requirement (P1R+P2R)", "UCITS": "undertaking for collective investment in transferable securities", "ULCM": "Unit labour costs in the manufacturing sector.", "ULCT": "Unit labour costs in the total economy.", "VaR": "value at risk", "VIX": "Chicago Board Options Exchange’s Volatility Index", "XML": "Extensible Markup Language" }