In November 2011 the Financial Stability Board made an industry-changing announcement on the identification of SIFIS (and who they are) and the additional capital that SIFIs will need to hold. In this comprehensive briefing, we describe the measures at a glance and provide our initial thoughts on what these might mean for our clients.
Contents include: identifying G-SIFIs and measuring systemic importance, common data template for G-SIFIs, effective resolution and what comes next in systemic risk supervision.