SIFI

We use the acronym SIFI to stand for "systemically important financial institutions."

To Start Rescue, 2009

And I know you guys are doing a sort of active dialogue with regulators with respect to potentially being classified as a SIFI sort of the rules under Dodd-Frank.

unknown title 2011

The Clearing House retained consulting firm McKinsey & Co. to help produce an analysis of the impact the SIFI surcharge will have on U.S. banks, as well as why it may not be needed, that was included in the letter.

Lenders Dig In on Rules Deborah Solomon 2011

This "SIFI surcharge" for "systemically important financial institutions" was mandated for the U.S. in the Dodd-Frank law and a global analog called "g-SIFI" is expected to be blessed this fall by leaders of the Group of 20 leading economies when they meet in Cannes, France.

Big Banks Find No Comfort in Capital Cushion David Wessel 2011

The Clearing House letter states that "a significant capital surcharge imposes unnecessary risks of limiting SIFI lending, potentially slowing the pace of the recovery and lowering job growth."

Lenders Dig In on Rules Deborah Solomon 2011

"The logic behind the SIFI surcharge is that the failure of a systemically important institution would generate a very large shock to the rest of the financial system," Dudley added.

Regulators not swayed by bank capital complaints Reuters 2011

While some requirements, such as the need to have a resolution regime in place and for each SIFI to have a so-called living will, would apply to every country, other parts would require "national configuration," he said.

FSB Backs Principles to Reduce Reliance on Credit-Rating Agencies Natasha Brereton 2010

So long as the concept of a SIFI exists, and there are institutions so powerful and considered so important that they require special support and different rules, the future of capitalism is at risk and our market economy is in peril.

Critic of Big Banks Nominated to Be FDIC Vice Chairman Alan Zibel 2011

"The logic behind the SIFI surcharge is that the failure of a systemically important institution would generate a very large shock to the rest of the financial system," he said.

New Capital Rules Likely for Banks Victoria McGrane 2011

New York Federal Reserve Bank President William Dudley made clear he is unmoved by the argument that it is difficult to determine all the banks that are systemically important, or SIFI's, and who would have to meet the additional capital surcharge.

Regulators not swayed by bank capital complaints Reuters 2011