Systemically Important Financial Institution

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Revision as of 10:09, 26 May 2013 by imported>Doug Williamson (Amended wording as per Michelle 21/5/13)
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(SIFI.)

A financial firm 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.


See also