Systemically Important Financial Institution: Difference between revisions
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imported>Doug Williamson m (Amendment as per Glossary for Wiki alignment) |
imported>Doug Williamson m (Amended wording as per Michelle 21/5/13) |
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(SIFI.) | (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 == | == See also == | ||
* [[Systemic risk]] | * [[Systemic risk]] | ||
* [[Global SIFI]] | |||
Revision as of 10:09, 26 May 2013
(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.
