Systemic risk: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing 15/8/13) |
imported>Doug Williamson m (Added category) |
||
Line 10: | Line 10: | ||
* [[Unwinding]] | * [[Unwinding]] | ||
* [[Systemically Important Financial Institution ]] | * [[Systemically Important Financial Institution ]] | ||
[[Category:Manage_risks]] |
Revision as of 09:11, 3 June 2015
The risk that the failure of one participant in a transfer system, or in financial markets generally, to meet its required obligations will cause other participants or financial institutions to be unable to meet their obligations (including settlement obligations in a transfer system) when due.
Such a failure may cause significant liquidity or credit problems and, as a result, might threaten the stability of financial markets.