HSBC 2006 Annual Report Download - page 449

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Abbreviations used Brief description
ABC Asset-backed conduits
ABS Asset-backed securities
ADR American depositary receipt
ADS American depositary share
AICPA The American Institute of Certified Public Accountants
AIEA Average interest-earning assets
ALCO Asset and liability management committee
ARB Accounting Research Bulletin (US)
ARM Adjustable-rate mortgage
ATM Automated teller machines
Bank of Bermuda The Bank of Bermuda Limited, which was acquired in February 2004
Bank of Communications Bank of Communications Limited, mainland China’s fifth largest bank in
which HSBC acquired a 19.9 per cent interest in August 2004
Basel Committee The Basel Committee on Banking Supervision
Basel II The Final Accord of the Basel Committee on proposals for a new capital
adequacy framework
Brazilian operations HSBC Bank Brasil S.A.-Banco Múltiplo and subsidiaries, plus HSBC
Serviços e Participações Limitada
CCF CCF S.A., the former name of HSBC France
CGU Cash generating unit
Combined Code Combined Code on Corporate Governance issued by the Financial Reporting
Council
CRM Customer relationship management
CSA Credit support annex
Decision One Decision One Mortgage Company, HSBC Finance’s subsidiary which
originates loans referred by mortgage brokers
DPF Discretionary participation feature of insurance and investment contracts
EITF Emerging Issues Task Force (US)
EPS award Earnings per share measure applied to half of the award of Performance
Shares under The HSBC Share Plan
EU European Union
FASB Financial Accounting Standards Board (US)
FDIC Federal Deposit Insurance Corporation (US)
FFIEC Federal Financial Institution Examination Council
FHC Financial holding company, as defined under the Gramm-Leach-Bliley Act
amendments to the BHCA
FIN FASB Interpretation (US)
FSA Financial Services Authority (UK)
FSMA Financial Services and Markets Act 2000 (UK)
FTSE Financial Times – Stock Exchange index
GAAP Generally Accepted Accounting Principles
GDP Gross domestic product
GHOS Hong Kong Government Home Ownership Scheme
Global Markets HSBC’s treasury and capital markets services in Corporate, Investment
Banking and Markets
Group HSBC Holdings together with its subsidiary undertakings
Hang Seng Bank Hang Seng Bank Limited, the fourth largest bank in Hong Kong by market
capitalisation
HFC HFC Bank Limited, the UK-based consumer finance business acquired
through the acquisition by HSBC of HSBC Finance
HKMA The Hong Kong Monetary Authority
HKSE The Stock Exchange of Hong Kong Limited
Hong Kong The Hong Kong Special Administrative Region of the People’s Republic of
China