Too Big To Fail and International Organization of Securities Commissions: Difference between pages

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(TBTF).  
(IOSCO).  


A financial firm for which the economic and or social consequences of its disorderly failure and liquidation are considered unacceptable to the society within which it operates.  
An international organisation that brings together the regulators of the world’s securities and futures markets.  


A consequence of the perceived TBTF status of a firm is that it is likely to be ‘rescued’ by the State if the relevant State has sufficient resources.  
IOSCO develops, implements and promotes adherence to internationally recognised standards for securities regulation.


The first recognised TBTF bank was the Continental Illinois (CI), the 7th largest US Bank, that was seized by the Federal Deposit Insurance Corporation (FDIC) in 1984 to protect the banking system and allow orderly continuation of the business while substantially wiping out shareholders.


== See also ==
* [[CPSS]]
* [[Financial Stability Board]]
* [[Forward contract]]
* [[Futures contract]]
* [[Interest rate index]]
* [[MG]]
* [[PIOB]]
* [[Regulation]]
* [[Regulator]]
* [[Security]]


The term "Too Big to Fail" was given currency in congressional testimony following the "rescue" of CI.


In similar vein the IMF uses the phrase "[[Too important to fail]]" (TITF).
==Other resource==
*[https://www.iosco.org/about/?subsection=about_iosco International Organization of Securities Commissions (IOSCO) - about us]


[[Category:Compliance_and_audit]]


== See also ==
* [[Basel III]]
* [[Dodd-Frank]]
* [[G-SIB]]
* [[G-SII]]
* [[International Monetary Fund]]  (IMF)
* [[Moral hazard]]
* [[Systemically Important Financial Institution]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Latest revision as of 03:56, 8 February 2024

(IOSCO).

An international organisation that brings together the regulators of the world’s securities and futures markets.

IOSCO develops, implements and promotes adherence to internationally recognised standards for securities regulation.


See also


Other resource

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