Financial Stability
Buffer for Banks - Reuters: LINK ¤ REUTERS
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- "the Financial Stability Board - FSB - made up of regulators !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "from the group of 20 countries - G20 - regulates that !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "global banks - must hold a buffer - of bonds !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "this rule applies to - 30 banks - Goldman Sachs - HSBC !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the banks - must have a buffer - of bonds - or equity equivalent !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to 16 - to 20 percent - of their risk-weighted assets !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "so that in case of a collapse - of these banks - government bailouts are avoided !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to avoid downplaying - and to meet the rule - the buffer !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "of these banks - must also be at least - twice their leverage ratio !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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Shadow Banking - FSB - PDF: LINK ¤ F S B_________________________________________
- "the shadow banking - system - credit intermediation involving entities !"
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- "and activities - outside the regular - banking system !"
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- "therefore - appropriate monitoring - and regulatory !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "frameworks - for the shadow banking system !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "needs to be in place - to mitigate a build-up of risks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "jurisdictions of - NBFIs - non-bank financial institutions !"
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- "Hong Kong - the Netherlands - the UK - Singapore - and Switzerland !"
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- "it was about providing - specific measures - of the maturity !"
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- "and liquidity transformation - in the activities - of finance companies !"
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- "developing - a quantitative assessment - of interconnectedness !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "between banks - and shadow banking !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "or non-bank - financial intermediaries - is paramount !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to detect - underlying vulnerabilities - in the financial system !"
global Banks - FSB - PDF: LINK ¤ F S B
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- "the Financial Stability Board - writes "an integrated set" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "of policy measures - to address !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "global financial institutions - SIFIs - with a bucket of - 1.5% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "there are - 29 - global banks - G-SIBs !"
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- "that are required - a bucket of - 2.5% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and to meet higher - supervisory expectations - for risk !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "management functions - they must meet - the higher expectations !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for data aggregation - capabilities - and risk reporting !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
global Banks - FSB - PDF: LINK ¤ F S B
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- "weaknesses at complex - financial institutions - have historically !"
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- "triggered - and propagated - systemic financial crises !"
- "there needs to be - a resolution framework - and other measures !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to ensure - that all financial institutions - can be resolved safely !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "quickly - and without destabilising - the financial system !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "there needs to be - intensive - supervisory oversight !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for financial institutions - and robust core - financial market infrastructures !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
Shadow Banking - FSB - PDF: LINK ¤ F S B
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- "as the financial crisis - has shown - the shadow banking system !"
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- "can become - a source - of systemic risk !"
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- "supervision - and regulation - of the shadow banking system !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "consolidation rules - to ensure that any - shadow banking entities !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "that the bank sponsors - are included - on its balance sheet - for prudential purposes !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "in the calculation of capital - and leverage ratios - as well as liquidity ratios !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "such rules - should be applied - in an internationally-consistent manner !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "limits - on the size - and nature - of a bank’s exposures - to shadow banking entities !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the capital requirements - for banks’ exposures - to shadow banking entities !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "should be reviewed - to ensure - that such risks - are adequately captured !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "restrict banks’ ability - to stand behind any entities !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "by applying - stricter regulatory treatment - of "implicit support" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "regulatory reform - of money market funds !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "regulation - of other shadow banking entities !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "and further enhanced - from prudential point of view - capital - and liquidity regulation !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "incentives - associated with securitisation - should be adequately addressed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "regulation - of secured funding markets !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "in particular repos - repurchase agreements - and securities lending !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "the transparency - and reporting - of information - should continue to be improved !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the underwriting standards - for all relevant - financial institutions - should be rigorous !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "the role of - credit rating agencies - should continue to be reduced !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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Derivatives - FSB - PDF: LINK ¤ F S B
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- "the G-20 leaders - agree that !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "all standardised - OTC - derivative contracts !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "should be traded - on exchanges - or electronic trading platforms !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and cleared - through central counterparties !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "derivative contracts - should be reported - to trade repositories !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "non-centrally - cleared contracts - should be subject to - higher capital requirements !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "also to improve transparency - in the derivatives markets !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
mehr Risikopuffer von Banken - der Standard: LINK ¤ der STANDARD
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- "30 - Banken - müssen deutlich - dickere Risikopuffer - haben !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "der von der G20 - eingesetzte Finanzstabilitätsrat - FSB !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "schreibt - diesen weltweiten Banken - einen Puffer vor !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "Total Loss-Absorbing Capacity - von 16 - bis 20 Prozent - der Bilanzrisiken !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "auch damit bei einem Zusammenbruch - einer Bank - nicht der Staat einspringen muss !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
neun Versicherer - der Standard: LINK ¤ der STANDARD
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- "neun - weltweiten - Versicherern - werden vom !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "Finanzstabilitätsrat - FSB - strengere Regeln - vorgeschrieben !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "diese neun - Versicherungsfirmen - werden strenger kontrolliert !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "und müssen stärker - mit Eigenmitteln - ausgestattet sein !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- publications: LINK ¤ F S B
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Financial Stability Board - Wikipedia EN: LINK ¤ FINANCIAL STABILITY BOARD
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FSB Watch: LINK ¤ FSB WATCH
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- "the FSB - acts as a convening forum - for national authorities !!!!!!!!!!!!"
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- "responsible for financial stability - in financial centers !!!!!!!!!!!!"
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- "central bankers - international financial institutions !!!!!!!!!!!!"
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- "regulators - and supervisors - and standard-setting organizations !!!!!!!!!!!!"
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- "FSB Watch - examines - and promotes - efforts - towards an effective !!!!!!!!!!!!"
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- "inclusive - transparent - and accountable !!!!!!!!!!!!"
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- "global regulation - of the financial system !!!!!!!!!!!!"