G-SIB and Replacement cost risk: Difference between pages

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imported>Doug Williamson
(Add UK list. Source: BIS http://www.fsb.org/wp-content/uploads/2015-update-of-list-of-global-systemically-important-banks-G-SIBs.pdf)
 
imported>Administrator
(CSV import)
 
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Global systemically important bank.
The risk of loss arising from the need to replace a contract before having paid away the principal amount.
Often quantified approximately as the expected profit foregone.


A G-SIB is a large bank whose potential failure would have widespread negative effects in the broader financial system.
== See also ==
* [[Credit risk]]
* [[Principal risk]]


For this reason, these banks are subject to more stringent regulation and capital adequacy requirements than other institutions.
As at November 2015, UK-headquartered G-SIBs included HSBC, Barclays, RBS and Standard Chartered Bank.
==See also==
* [[Capital adequacy]]
* [[D-SIB]]
* [[G-SIFI]]
* [[HLA]]
* [[SIB surcharge]]
* [[Systemically Important Financial Institution]]

Revision as of 14:20, 23 October 2012

The risk of loss arising from the need to replace a contract before having paid away the principal amount. Often quantified approximately as the expected profit foregone.

See also