Asset manager concern over Sifi label – Hong Kong SFC

Systemically important status seen as business threat by asset managers

While asset managers performed relatively well during the financial crisis, as part of the Financial Stability Board's mandate to mitigate global systemic risk, it has proposed methodologies to classify non-bank non-insurer global systemically important financial institutions (NBNI G-Sifis).

A newly released report by Hong Kong's Securities and Futures Commission looking at risks within the asset management industry finds that while the sector has grown steadily since the financial crisis, asset managers are concerned by the G-Sifi denomination, says Benedicte Nolens, senior director, head of risk and strategy at the SFC in Hong Kong.

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: