Systemic risk: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link) |
||
| Line 5: | Line 5: | ||
== See also == | == See also == | ||
* [[European Systemic Risk Board]] | |||
* [[Financial Policy Committee]] | * [[Financial Policy Committee]] | ||
* [[Gridlock]] | * [[Gridlock]] | ||
Revision as of 12:03, 3 August 2016
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.
