Global systemically important financial institutions (g-sifi)
Banks competing with a large securities market may abandon conservative lending policies, making them vulnerable to bubbles in response to an inflow of capital
Trafigura, Vitol and other trading houses unlikely to be captured by proposed criteria for global systemically important financial institutions
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Global systemically important financial institutions (g-sifi) articles
Defining whether a financial institution is systemically important (or not) is challenging due to: the inevitability of combining complex importance criteria such as institutions' size, connectedness and substitutability; the ambiguity of what an appropriate...
The rapid growth of commodity trading houses has led critics to question whether these firms have become a source of systemic risk. But trading houses strongly reject such arguments, and suggest they are little more than paper tigers. Alexander Osipovich...
Wrong-way risk (WWR) behaves differently for exposures to systemically important counterparties because their default has the potential to move financial markets before the close-out. Michael Pykhtin and Alexander Sokol show how the traditional exposure...
Wrong-way risk is a bad enough headache at the best of times. But what if your counterparty is systemically important, so its default affects all your other exposures? Laurie Carver introduces this month’s technical articles
Federal Reserve Board proposals on the supervision of systemically important non-banks would subject insurers to a bank-style regime. Insurance risk managers say the rules make no sense for their industry. By Peter Madigan
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future