Abbreviations 199

Abbreviations

ABCP Asset-Backed Commercial Paper

ABS Asset-Backed Security

ADR American Depository Receipt

AIFP Automotive Industry Financing Program

AIG American International Group

ANPR Advance Notice of Proposed Rulemaking

ARS Auction Rate Security

ASPL Aggregate Short Position Limit

AUM Assets Under Management

BAC Bank of America

BBA British Bankers’ Association

BCBS Basel Committee on Banking Supervision

BD Broker-dealer

BEA Bureau of Economic Analysis

BFI Business Fixed Investment

BHC Bank Holding Company

BIS Bank for International Settlements

BLS Bureau of Labor Statistics

C Citigroup

C&I Commercial and Industrial

CBO Congressional Budget Office

CCAR Comprehensive Capital Analysis and Review
200 2012 FSOC // Annual Report

CCP Central Counterparty

CD Certificate of Deposit

CDS Credit Default Swap

CFPB Consumer Financial Protection Bureau

CFTC Commodity Futures Trading Commission

CHIPS Clearing House Interbank Payments System

CICI CFTC Interim Compliant Identifier

CLS CLS Bank International

CMBS Commercial Mortgage-Backed Security

CME Chicago Mercantile Exchange

CMO Collateralized Mortgage Obligation

CNS Continuous Net Settlement

CP Commercial Paper

CPP Capital Purchase Program

CPPI Commercial Property Price Index

CPSS Committee on Payment and Settlement Systems

CRE Commercial Real Estate

CSD Central Securities Depository

CU Credit Union

DCM Designated Contract Market

DCO Derivatives Clearing Organization

DOJ U.S. Department of Justice

DTC Depository Trust Company

DTCC Depository Trust and Clearing Corporation
Abbreviations 201

DVA Debt Valuation Adjustment

E&S Equipment and Software

EBA European Banking Authority

ECB European Central Bank

EFSF European Financial Stability Facility

EMBI+ Emerging Markets Bond Index Plus

EME Emerging Market Economies

ESM European Stability Mechanism

ETF Exchange Traded Fund

EU European Union

FAQ Frequently Asked Questions

FASB Financial Accounting Standards Board

FCM Futures Commission Merchant

FDIC Federal Deposit Insurance Corporation

FFIEC Federal Financial Institutions Examination Council

FFS Federal Funds Sold

FHA Federal Housing Administration

FHFA Federal Housing Finance Agency

FICC Fixed Income Clearing Corporation

FICO Fair Isaac Corporation

FINRA Financial Industry Regulatory Authority

FIO Federal Insurance Office

FMU Financial Market Utility

FOS Funds Only Settlement
202 2012 FSOC // Annual Report

FRB Federal Reserve Board

FRBNY Federal Reserve Bank of New York

FSA Financial Services Authority

FSB Financial Stability Board

FSOC Financial Stability Oversight Council

FX Foreign Exchange

FXPB Foreign Exchange Prime Brokers

G-20 The Group of Twenty Finance Ministers and Central Bank Governors

G-SIB Globally Systemically Important Bank

GAO Government Accountability Office

GBP British Pound Sterling

GCF General Collateral Finance

GDP Gross Domestic Product

GM General Motors

GNMA Ginnie Mae

GS Goldman Sachs

GSA Green Street Advisors

GSD Government Securities Division

GSE Government-Sponsored Enterprise

G-SIFI Globally Systemically Important Financial Institution

HAMP Home Affordable Modification Program

HARP Home Affordable Refinance Program

HFT High-Frequency Trading

HUD U.S. Department of Housing and Urban Development
Abbreviations 203

IAIS International Association of Insurance Supervisors

IASB International Accounting Standards Board

ICE IntercontinentalExchange

IFRS International Financial Reporting Standards

IMF International Monetary Fund

IOSCO International Organization of Securities Commissions

IPO Initial Public Offering

IRS Interest Rate Swap

ISDA International Swaps and Derivatives Association

JPM JPMorgan Chase

LEI Legal Entity Identifier

LIBOR London Interbank Offered Rate

LSOC Legal Segregation with Operational Commingling

LTRO Longer-term Refinancing Operations

LTV Loan-to-Value Ratio

MBS Mortgage-Backed Security

MBSD Mortgage-Backed Securities Division

MFG MF Global

MHA Making Home Affordable

ML LLC Maiden Lane LLC

ML II Maiden Lane II LLC

ML III Maiden Lane III LLC

MMF Money Market Fund

MMI Money Market Instrument
204 2012 FSOC // Annual Report

MOL Maximum Obligation Limitation

MS Morgan Stanley

MVC Model Validation Council

NAIC National Association of Insurance Commissioners

NAV Net Asset Value

NBER National Bureau of Economic Research

NCUA National Credit Union Administration

NDF Non-deliverable Forward

NFIB National Federation of Independent Business

NMS National Market System

NPR Notice of Proposed Rulemaking

NSCC National Securities Clearing Corporation

NYPC New York Portfolio Clearing

OCC Office of the Comptroller of the Currency

OCC The Options Clearing Corporation (only in Appendix A)

OFR Office of Financial Research

OITP Other Important Trading Partners

OLA Orderly Liquidation Authority

ORSA Own Risk and Solvency Assessment

OTC Over-the-Counter

OTS Office of Thrift Supervision

P&I Principal and Interest

PCA Prompt Corrective Action

PCAOB Public Company Accounting Oversight Board
Abbreviations 205

PCE Personal Consumption Expenditures

PFMI Principles for Financial Market Infrastructures

PVP Payment-versus-Payment

Q4/Q4 Fourth Quarter over Fourth Quarter

QRM Qualified Residential Mortgages

REIT Real Estate Investment Trust

Repo Repurchase Agreement

RESPA Real Estate Settlement Procedures Act

RMBS Residential Mortgage-Backed Security

ROA Return on Assets

RTGS Real Time Gross Settlement

RWA Risk-Weighted Assets

S&P Standard & Poor’s

SCAP Supervisory Capital Assessment Program

SEC Securities and Exchange Commission

SEF Swaps Execution Facility

SIFMA Securities Industry and Financial Markets Association

SIPA Securities Investor Protection Act

SIPC Securities Investor Protection Corporation

SLHC Savings and Loan Holding Company

SLOOS Senior Loan Officer Opinion Survey

SMP Securities Markets Programme

SRC Systemic Risk Committee

SRO Self-Regulatory Organization
206 2012 FSOC // Annual Report

STIF Short Term Bank Common and Collective Investment Funds

STRIPS Separate Trading of Registered Interest and Principal Securities

TAG Transaction Account Guarantee

TALF Term Asset-Backed Securities Loan Facility

TARP Troubled Asset Relief Program

TILA Truth in Lending Act

TIPS Treasury Inflation-Protected Securities

TIW Trade Information Warehouse

TLGP Temporary Liquidity Guarantee Program

TR Trade Repositories

UIT Unit Investment Trust

USD U.S. Dollar

USDA U.S. Department of Agriculture

USDE U.S. Dollar Equivalent

VA Department of Veterans Affairs

VaR Value at Risk

VRDO Variable Rate Demand Obligations

WAL Weighted Average Life

WAM Weighted Average Maturity

WFC Wells Fargo Company

WFE World Federation of Exchanges

YTD Year to Date