Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions
This document sets out the proposed assessment methodologies for identifying non-bank non-insurer global systemically important financial institutions (NBNI G-SIFIs), extending the SIFI framework that currently covers banks and insurers to all other financial institutions. It includes a high-level framework for identifying G-SIFIs and implementation approaches that will apply across all NBNI financial entities, and detailed sector-specific methodologies for (i) finance companies, (ii) market intermediaries (securities broker-dealers), and (iii) investment funds (including hedge funds).
The FSB and IOSCO welcome comments on this document. Comments should be submitted by 7 April 2014by email to [email protected] or post (Secretariat of the Financial Stability Board, c/o Bank for International Settlements, CH-4002, Basel, Switzerland).