Commodity trading houses face questions over systemic risk

leader-timebomb

Since 2008, regulators have been scouring the earth for potential threats to the global financial system. That has taken them beyond the usual suspects in the banking sector – insurers, for example, have lately been caught up in the floodlights. On July 18, the Basel-based Financial Stability Board (FSB) added nine large insurers to its list of global systemically important financial institutions (G-Sifis) – a term for companies that are deemed too big to fail. The insurers joined 28 systemicall