Single point of entry resolution (SPE) definition - Risk.net (2024)

Risk glossary

A bank adopts a single point of entry resolution strategy if it plans for the resolution authority in its home jurisdiction to bail in debt and recapitalise a single parent company, leaving operating subsidiaries (often in other jurisdictions) to continue unaffected. This approach is required under US law, and allows any international wholesale-focused bank to allocate funds across jurisdictions during a crisis, improving capital efficiency by avoiding localised ring-fencing as far as possible.

See also Total loss-absorbing capacity.

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Single point of entry resolution (SPE) definition - Risk.net (2024)

FAQs

Single point of entry resolution (SPE) definition - Risk.net? ›

A bank adopts a single point of entry resolution strategy if it plans for the resolution authority in its home jurisdiction to bail in debt and recapitalise a single parent company, leaving operating subsidiaries (often in other jurisdictions) to continue unaffected.

What is single point of entry? ›

Single Point of Entry term typically used for how someone applies and enters into a system of care. Agencies set up separate SPOEs for specific populations and services; i.e. planning in adult housing; homelessness services and in children's services.

What is SPE and MPE? ›

The Financial Stability Board (2013) distinguishes two stylized resolution strategies: the Single Point of Entry (SPE) and the Multiple Point of Entry (MPE) resolution strategies. The main difference between the two strategies is the level at which the resolution authority expects to implement resolution actions.

What is a multiple point of entry resolution strategy? ›

A bank adopts a multiple point of entry resolution if it plans to allow the resolution of different operating subsidiaries in different jurisdictions separately by the local resolution authorities in each case, with the bail-in of local liabilities.

What does recovery and resolution mean? ›

A recovery plan identifies options to restore financial strength when the company comes under severe stress. Resolution refers to the situation when a firm is no longer viable or likely to be no longer viable, and has no reasonable prospect of becoming so.

What is a single point of entry resolution? ›

A bank adopts a single point of entry resolution strategy if it plans for the resolution authority in its home jurisdiction to bail in debt and recapitalise a single parent company, leaving operating subsidiaries (often in other jurisdictions) to continue unaffected.

What is a single point of entry system? ›

A system is said to have a “single entry point” if there is one place to invoke all of its logic and behavior. Such systems make it easy to alter the execution context a system runs in, which can be powerful.

What is the purpose of an SPE? ›

A Special Purpose Entity (SPE) is a company specially created to fulfil a narrow, specific purpose. The reasons for setting up an SPE are to: Hold a pool of assets to act as security (collateral) for loans. Pass the financial risks associated with holding a pool of assets to other entities or investor(s)

What is the significance of SPE? ›

Benefits of Solid-Phase Extraction Cartridges
Lower Cost• lower solvent consumption • lower reagent consumption • less apparatus
Greater Accuracy• no cross contamination
No Emulsion Problems• less sample handling • fewer steps
No Transporting of Samples to Lab• direct field sampling
5 more rows

What does SPE mean lab? ›

Serum protein electrophoresis is used to identify patients with multiple myeloma and other serum protein disorders. Electrophoresis separates proteins based on their physical properties, and the subsets of these proteins are used in interpreting the results.

What is a resolution plan in IBC? ›

Code Regulations Provisions Scope Explanation Section 5(26) of the Code Definition of Resolution Plan It means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern.

What are the 3 principles of recovery? ›

Holistic: Recovery focuses on people's entire lives, including mind, body, spirit and community. Nonlinear: Recovery isn't a step-by-step process but one based on continual growth, occasional setbacks and learning from experience. Strengths-based: Recovery builds on people's strengths.

How does the single resolution mechanism work? ›

The single resolution mechanism (SRM) applies to banks covered by the single supervisory mechanism . It is the second component, or 'pillar', of the banking union. The purpose of the SRM is to ensure an orderly resolution of failing banks with minimal costs for taxpayers and to the real economy.

What is recovery and example? ›

The noun recovery refers to the process of healing after an illness or injury. Your recovery from your broken leg will go quicker if you keep off the leg. Use your crutches and definitely no skiing or hopscotch! A recovery is when you save something that was lost, in danger of becoming lost, or retrieved.

What is a spoe in mental health? ›

The Single Point of Entry (SPOE) is a way for women, teen girls, children and families to connect with programs available through Albany County and community agencies.

What does single point of access do? ›

SPA can provide help and support in a crisis. In an urgent situation, patients may refer themselves; or referrals can be made on their behalf by family members, friends, or other services such as community, faith or support groups.

What is a single point? ›

(pɔɪnt ) In some sports, competitions, and games, a point is one of the single marks that are added together to give the total score.

Which practice is the entry point and single point? ›

Service Desk

To capture demand for incident resolution and service requests. It should also be the entry point and single point of contact for the service provider with all of its users.

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