Abstract
We proceed with a discussion of the governance of shadow bank financial institutions. The Dodd-Frank Act established the creation of the Financial Stability Oversight Council, composed of the Secretary of the Treasury and heads of the major governmental agencies, whose main objective is to identify those institutions that pose significant systemic risks to the financial stability of the USA. The Council’s duties are set forth, together with its procedures for identifying those institutions that pose these risks, and the considerations for making a “systemically important financial institution” (SIFI) determination, including foreign non-bank companies.
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Girasa, R. (2016). Governance of Shadow (Non-Bank) Financial Institutions. In: Shadow Banking. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-33026-6_3
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DOI: https://doi.org/10.1007/978-3-319-33026-6_3
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-33025-9
Online ISBN: 978-3-319-33026-6
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