Global SIFI
From ACT Wiki
(G-SIFI).
A Global Systemically Important Financial Institution, failure of which would have global financial stability implications.
Lists of G-SIFIs are published and maintained by the Financial Stability Board.
The list is in two sections:
- one for G-SIBs (Global Systemically Important Banks), compiled with the BCBS and
- one for Global Systemically Important Insurers (G-SIIs), complied with after consultation with the IAIS and national supervisors.
See also
- Basel Committee on Banking Supervision (BCBS)
- G-SIB
- IAIS
- Systemically Important Financial Institution