Joint control and SIB: Difference between pages

Latest revision as of 16:26, 17 March 2022

Systemically Important Bank.

A SIB is a large bank whose potential failure would have widespread negative effects in the broader financial system.

For this reason, SIBs are subject to more stringent regulation and capital adequacy requirements than other institutions.

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-''Financial reporting.''
+Systemically Important Bank.
-The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control.
+A SIB is a large bank whose potential failure would have widespread negative effects in the broader financial system.
+For this reason, SIBs are subject to more stringent regulation and capital adequacy requirements than other institutions.
-== See also ==
-* [[IFRS 11]]
+==See also==
-* [[Joint arrangement]]
+* [[Capital adequacy]]
-* [[Joint operation]]
+* [[Regulation]]
-* [[Joint venture]]
+* [[Systemically Important Bank]]
+* [[Systemically Important Financial Institution]]
+[[Category:The_business_context]]
+[[Category:Manage_risks]]