LPS FB B2 Unit 12 - Financial regulations

Accountable

Responsible for your actions and expected to explain them if necessary.

Compensation

Money or benefits given to someone for a loss, damage, or work done.

Conflict

A serious disagreement or argument between people or groups.

Credit ratings

Scores or evaluations that show how likely a person or organization is to repay borrowed money.

Creditworthiness

How reliable someone is in paying back loans or credit.

Disclose

To make information known or public.

Discriminatory

Treating people unfairly based on characteristics like race, gender, or age.

Enforce

To make sure that laws or rules are followed.

Equitably

In a fair and equal way.

Ethical dilemmas

Situations where it is hard to decide what is right or wrong because of competing values or responsibilities.

Financial crisis

A situation where the financial system fails or becomes very unstable.

Fraud

The crime of cheating someone to gain money or advantages unfairly.

Govern

To control or rule something, especially a country or an organization.

Implement

To start using a plan, decision, or law.

Incentivize

To give someone a reason or reward to do something.

Insider trading

Buying or selling stocks using secret, non-public information.

Instability

A situation that is not steady or secure, often changing suddenly.

Integrity

Honesty and strong moral principles.

Issuance

The act of officially giving or selling something, like bonds or shares.

Loss of confidence

When people stop trusting something or someone.

Non-performing loans

Loans where the borrower has stopped making payments.

Oversee

To watch over and manage a process or people to make sure things are done correctly.

Oversight

The act of watching and checking what happens to make sure everything is correct and legal.

Ponzi scheme

A type of fraud where returns to earlier investors are paid using money from new investors.

Redress

payment, etc. that you should get for something wrong that has happened to you or harm that you have suffered

Regulatory agencies

Government or official bodies that make sure companies and financial institutions follow rules.

Resolve

To find a solution to a problem or conflict.

Systematically

In an organized, planned way.

To be established

To be created or set up officially.

Transparency

Openness; being honest and clear so that others can understand or see what is happening.

Violation

The act of breaking a law, rule, or agreement.