Partnership and Systemically Important Bank: Difference between pages

Revision as of 16:26, 17 March 2022

(SIB).

A bank 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.

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

@@ Line 1: / Line 1: @@
-.  ''Law''.
+(SIB).
-A partnership exists where two or more individuals enter into business together.
+A bank whose disorderly failure would, because of its:
-Governed in the UK by the Partnership Act 1890 and the Limited Liability Partnerships Act 2000.
+(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.
-More broadly, any collaboration between different organisations or other entities.
+For this reason, SIBs are subject to more stringent regulation and capital adequacy requirements than other institutions.
 == See also ==
-* [[Corporation]]
+* [[Bank]]
-* [[Drawings]]
+* [[BSBY]]
-* [[Firm]]
+* [[Capital adequacy]]
-* [[General partner]]
+* [[Financial institution]]
-* [[Limited liability partnership]]
+* [[Global SIFI]]
-* [[Limited partner]]
+* [[Regulation]]
-* [[Limited partnership]]
+* [[Systemic risk]]
-* [[LLC]]
+* [[Systemically Important Financial Institution]]  (SIFI)
-* [[Public private partnership]]
+* [[Too Big To Fail]]
-* [[Trans-Pacific Partnership]]
-* [[Unincorporated]]
-[[Category:Compliance_and_audit]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:The_business_context]]
+[[Category:Identify_and_assess_risks]]
+[[Category:Manage_risks]]
+[[Category:Risk_frameworks]]
+[[Category:Risk_reporting]]