Sarb develops methodology to find ‘systemically important’ banks
South Africa’s central bank bases analysis on BCBS research
The South African Reserve Bank has developed a methodology to determine which banks are systemically important financial institutions (Sifis) within South Africa.
In a paper published today (June 11), the Sarb notes that identification of Sifis has been a key priority for central banks since the 2008 financial crisis. The central bank bases its work on the global systemic banks framework developed by the Basel Committee on Banking Supervision.
The paper says identifying Sifis should be done
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