How to define a Systemically Important Financial Institution (SIFI) – a new perspective
- The recent financial crisis has demonstrated that a failure of Systemically Important Financial Institutions (SIFIs) could seriously damage the stability of the financial system. A precise and consistent definition of a SIFI is pivotal to ensure efficient and effective regulation of the global financial sector. This paper proposes a threefold test logic that allows to classify Financial Institutions as systemically important across the various industry segments.
Author: | Volker BrühlORCiDGND |
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URN: | urn:nbn:de:hebis:30:3-416169 |
URL: | http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2848912 |
Parent Title (English): | Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 538 |
Series (Serial Number): | CFS working paper series (538) |
Publisher: | Center for Financial Studies |
Place of publication: | Frankfurt, M. |
Document Type: | Working Paper |
Language: | English |
Year of Completion: | 2016 |
Year of first Publication: | 2016 |
Publishing Institution: | Universitätsbibliothek Johann Christian Senckenberg |
Release Date: | 2016/10/18 |
Page Number: | 8 |
HeBIS-PPN: | 390270881 |
Institutes: | Wirtschaftswissenschaften / Wirtschaftswissenschaften |
Wissenschaftliche Zentren und koordinierte Programme / Center for Financial Studies (CFS) | |
Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
Sammlungen: | Universitätspublikationen |
Licence (German): | Deutsches Urheberrecht |