G-20 endorses final G-Sifi rules

lyxor-paris

G-20 finance ministers and central bankers have endorsed the final measures put forward by the Financial Stability Board (FSB) to solve the problem of banks that have become "too big to fail".

Following a two-day summit in Paris over the weekend, the group released a communiqué that supported the package that mandates national authorities to impose massive capital surcharges on global systemically important financial institutions (G-Sifis).

The proposals also demand that banks design resolution

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.