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ARTICLE · 13 DECEMBER 2012

Recovery And Resolution For Non-Banks - Building A Safer Financial System

Deloitte
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Recovery and resolution is one of several key international work streams aimed at addressing the risks posed by global systemically important financial institutions (G-SIFIs).

United KingdomStrategy
Deloitte Financial Services Group
Deloitte Financial Services Group
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Background

Recovery and resolution is one of several key international work streams aimed at addressing the risks posed by global systemically important financial institutions (G-SIFIs). The intention of a recovery and resolution framework is to reduce the likelihood of a G-SIFI failing in the event of financial distress through advanced planning and direct intervention by regulatory authorities. Globally, the regulatory focus to date has been on banks.

However, regulators are now turning their attention to the potential risks non-bank financial institutions could pose to the financial system and the broader economy, and the regulatory solutions that should be applied to address those risks.

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