Request for proposal 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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-(RFP).
+Systemically Important Bank.
-=== RFPs in banking ===
+A SIB is a large bank whose potential failure would have widespread negative effects in the broader financial system.
-A request for proposal is a formal tender which communicates a customer’s requirements to the banks who are being asked to bid.
+For this reason, SIBs are subject to more stringent regulation and capital adequacy requirements than other institutions.
-The RFP is used to facilitate selection of a bank or banks.
+==See also==
+* [[Capital adequacy]]
+* [[Regulation]]
+* [[Systemically Important Bank]]
+* [[Systemically Important Financial Institution]]
-=== RFPs more generally ===
+[[Category:The_business_context]]
+[[Category:Manage_risks]]
-By analogy, similar communications in relation to the provision of non-banking services, or of goods.
-== See also ==
-* [[Request for information]]