Systemically Important Financial Institution: Difference between revisions
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A financial firm whose disorderly failure would because of its: | A financial firm whose disorderly failure would because of its: | ||
(i) Size, | (i) Size, | ||
Revision as of 10:10, 26 May 2013
(SIFI.)
A financial firm whose disorderly failure would because of its:
(i) Size,
(ii) Complexity, and
(iii) Systemic interconnectedness
cause significant disruption to the wider financial system and to economic activity in its (main) country or region of operation.