BIS’s Cecchetti highlights merits of G-sibs surcharge

cecchetti-bis

Stephen Cecchetti, an economic adviser at the Bank for International Settlements, on Wednesday said the application of a capital surcharge for global systemically important banks (G-sibs) will lower the probability and expected impact of their failure in the future.

At the Tenth Annual Conference of the International Association of Deposit Insurers, in Warsaw, Poland, Cecchetti said: "It is imperative that we not only cope with the too-big-to-fail problem, but that we also deal with it

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

If you already have an account, please sign in here.

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

.