FSB supports capital surcharge for SIFIs

07/19/2011 | Wall Street Journal, The

The Financial Stability Board, which advises the Group of 20 nations on financial matters, supports proposals from global regulators to subject systemically important financial institutions to a capital surcharge. The FSB today will issue two papers that will set criteria for determining SIFIs and suggest how to unwind major banks on the verge of collapse.

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Wall Street Journal, The

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