FSB May Tag Funds With Over $100 Billion “Too Big To Fail”Mani
The Financial Stability Board (FSB) may label investment funds that manage over $100 billion in assets as too big to fail.
FSB and International Organisation of Securities Commission (IOSCO) said in a consultation paper published last week that it is now compiling a list of asset managers whose distress or failure could cause a Lehman-style event.
SIFI tag for $100 billion asset managers
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