Bank for International Settlements 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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-(BIS).
+Systemically Important Bank.
-An international organisation fostering international monetary and financial cooperation, the Bank serves as a bank for central banks and also hosts a number of international organisations.
+A SIB is a large bank whose potential failure would have widespread negative effects in the broader financial system.
-Customers are exclusively central banks and international organisations.
+For this reason, SIBs are subject to more stringent regulation and capital adequacy requirements than other institutions.
-It was established by agreement between the parties (plus Switzerland) to arrangements after World War I for payment of reparations by Germany to the principal allied victors. Its mandate and membership was extended and it now a principle hub of cooperation between central banks and non-central-bank bank supervisors generally.
+==See also==
+* [[Capital adequacy]]
+* [[Regulation]]
+* [[Systemically Important Bank]]
+* [[Systemically Important Financial Institution]]
-== See also ==
+[[Category:The_business_context]]
-* [[Central bank]]
+[[Category:Manage_risks]]
-* [[Markets Committee]]