FSB, Basel indicate bail-ins are on the table for 28 GSIFIs
Some 28 banks are likely to be subject to higher capital requirements and bail-ins if they fail, global regulators indicated this week as they revealed their thinking on global systemically important financial institutions, or GSIFIs.
The Financial Stability Board and the Basel Committee on Banking Supervision released consultation papers this week, uncovering their views on identifying and resolving GSIFIs.
The developments clarify the global regulators intentions, if not providing strong guidance to individual issuers on the way forward, said Ryan OGrady, head of
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