ABA BUSINESS LAW REFERENCE LIST
ACRONYMS and " BANK-SPEAK'
REFERENCE,IF ANY
MEANING
ACRONYM
Automated clearing house
ACH
American Institute of
Banking
Allowance for Loan and
AIB
ALLL
BASEL
A
processing
trans
Provide
to bankers.
train
The reserve financial institutions
Lease Losses
The Basel Committee on
aqainst loan and lease losses.
forum
Basel provides
Banking Supervision
banking
k
on
ar
IS
to
of key
q
of
seeks' to do
the
and
S
must maintain
Its
for
best
The Basel II
for Capital
interbank
adult education program education and
improve the
wor ldwide
II
whereby
are cleared.
enhance
BASEL
operation
SO
by
exchanging
In th 1S regard, the Committee IS
international standard S on capital
S for Effective Banking
Concordat
on
cross- border
II describes a more comprehensive measure and
minimum standard for capital adequacy that would
apply internationally. It seeks to improve on the
Basel
existing rules
by aligning
regulatory
capital
requirements more closely to the underlying risks that
banks face.
Basel
BASEL Itr]I
Company
BHCA
Bank Holding Company
Act of 1956 12 U.S.C $
1841 et seq
BIF
Bank Insurance Fund
BMA
Bank
Act
III is the proposed capital reforms to be
implemented from 2013-2019
Any entity "controlling" a ftnancial institution whose
deposits are insured by the Federal Deposit Insurance
on. See also FHC
Contains relevant definitions and governs the
activities of companies that control banks, including
Bank Holding Companies and Financial Holding
Companies
Created by FIRREA; the part of the FDIC lnsurance
which insures the deposits of banks as opposed to
thrifts. Now combined with SAIF as one DIF fund.
See
FDIA