Identifying Sifis: Central Bank of Colombia paper


In a recent Central Bank of Colombia working paper, authors Carlos León and Clara Machado set about designing an expert knowledge-based systemic importance index for financial institutions.

The paper describes the three main challenges involved in defining whether a financial institution is systemically important or not. First is the inevitability of combining complex importance criteria such as institutions' size, connectedness and substitutability. Second is the ambiguity of what an

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: