BY MID-2011 the Basle Committee for Banking Supervision in coordination with the Financial Stability Board is expected to complete a study that will determine how much, and in what form, bank capital will be required to act as a shock absorber for the so-called “global systemically important financial institutions (G-Sifis).” Running parallel to this, the FSB will also examine the viability of contractual and statutory bail-ins, before the two groups make their final recommendations by the end of 2011.
For fixed-income investors, the implications are huge.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.