Summary of Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions summary
Start getting smarter:
or see our plans

Rating

7 Overall

7 Importance

8 Innovation

7 Style

Recommendation

In this report, the Financial Stability Board (FSB) – consisting of the G20’s central bankers and finance ministries – explains how to identify global systemically important financial institutions that are neither banks nor insurance companies. The report’s imposing title belies its straightforward and well-informed examination of “shadow banking” and makes recondite subject matter relatively accessible. Because the Board’s report is consultative in nature and open to public comment, it poses additional questions as much to gauge regulators’ understanding of the issues as to generate additional critical thinking about them. getAbstract commends the FSB’s work, despite its wonkish tone, to regulators, policy makers, economists, financial practitioners and anyone with an interest in the world’s financial plumbing and its inherent risks.

In this summary, you will learn

  • How the Financial Stability Board (FSB) proposes to identify global systemically important nonbank, noninsurer financial institutions;
  • What potential risks this “shadow banking” system poses to the global economy; and
  • How the FSB’s proposed evaluation of these entities addresses these risks.
 

About the Author

The Financial Stability Board globally coordinates national financial authorities and international bodies to promote effective financial regulatory and supervisory policies.

 

Summary

Out of the Shadows
Financial disintermediation assumes various shapes and sizes: Nonbank, noninsurer (NBNI) financial institutions – commonly referred to as “shadow banks” – now play critical roles in the economic and financial system. Because of their wide scope and numerous interrelationships...

Get the key points from this report in 10 minutes.

For you

Find the right subscription plan for you.

For your company

We help you build a culture of continuous learning.

 or log in

Comment on this summary

More on this topic

Customers who read this summary also read

More by category