Italy’s Draghi on new Sifi guidelines
Mario Draghi, the governor of the Bank of Italy, on Saturday said the Financial Stability Board's guidelines on prudential measures for systemically important financial institutions, or Sifis, were set to be published by the middle of 2011.
At an event in Verona, Italy, Draghi said: "By the middle of this year we plan to have established the parameters for identifying global Sifis, to which to start applying more rigorous prudential rules."
Draghi said the criteria would not only include the
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