Sentences with phrase «of systemic crises»

The challenge for Quantum Dawn 2's victims was not only spotting a problem, but communicating with rivals, exchanges and government authorities to conclude that markets were in the throes of a systemic crisis and needed to be shut down.

That's when you get the actual sort of systemic crisis.

2) If the ratio of the Deposit Guarantee Directive is that it only comes into play when a single bank collapses and not in the event of a systemic crisis, why is it not clearly stated in its recitals?

According to the EFTA Court, Article 7 did not, therefore, impose any obligation to ensure compensation if a deposit - guarantee scheme was unable to cope with its obligations in the event of a systemic crisis (para 144).

For the EFTA Court, the Directive is only made for bankruptcies of individual banks, and therefore it is a normal consequence of a systemic crisis that deposit - guarantee schemes fail in such situations, leaving the depositors unprotected.

The case of a systemic crisis where this system would no longer work was not, however, addressed at all by the Directive (para 160).

Not exact matches

The lesson of the 1930s, the 2007 - 2008 crisis and the European crisis of 2011 seems pretty clear: banking stress is a sign of potential systemic risk.

The good news is most believe China's vast foreign currency reserves should protect it — and the rest of the world — from a worst - case scenario: a systemic financial crisis.

While junk bonds may not represent a systemic risk as credit derivatives did during the financial crisis, they can be one of the more effective leading economic indicators.

Investors and securities markets continue to benefit from common - sense reforms enacted in the wake of the financial crisis, including policies that increase transparency regarding the activity of advisers to private funds, enhance systemic stability, minimize conflicts of interests, and hold bad - actors accountable.

«I don't think bitcoin is prevalent enough at the moment to be a systemic threat in the way we experienced during the financial crisis other threats; it needs watching carefully but I don't think we're there yet,» said Andrew Bailey, chief executive of the Financial Conduct Authority, during a Thursday interview on BBC's Newsnight.

The theory is that the credit crisis in the United States might have been avoided if a central authority had seen the systemic danger posed by Wall Street's aggressive selling of securities backed by subprime loans and other complex financial products.

He correctly pointed out the systemic nature of the crisis and the serious risk of contagion not just for Europe, but also for the world economy.

Notably, several banking regulations that previously sought to prevent concentration of systemic risk in our financial system were repealed by Congress in the 1990s — leading in part to the «too - big - to - fail» crisis.

For example, during the first flare - up of the European sovereign crisis back in 2011 (when Greece really did hold systemic risk potential) and when U.S. political discord led to significant fiscal tightening, the Fed offset both of these with even greater policy accommodation.

His work focuses on financial regulation, corporate law, contracts, and cross-border transactions and disputes, and his most recent article, «Boilerplate Shock: Sovereign Debt Contracts as Incubators of Systemic Risk,» examines the role of financial contracts in the Eurozone sovereign debt crisis.

Artemis Vega and Artemis Hedgehog seek to generate crisis - alpha and profit from periods of volatility dislocation and systemic crisis without the negative losses experienced by more traditional hedging products.

Indeed, we find in fact that there is no statistical evidence of a relationship between higher capital ratios and lower risk of systemic financial crisis.

Quick to say they found the root - cause of the crisis — a banking system thats massive financial leverage and global interconnectedness created profound systemic risks to our modern economy — they swiftly passed Dodd Frank, a comprehensive regulatory reform package dressed up as the antidote to our sick financial system.

Those two things are simply the byproducts of a much deeper crisis: the crisis of systemic poverty.

In the US, strict and costly regulations in the aftermath of the financial crisis were applied with a broad brush, to large financial institutions capable of creating systemic catastrophe and to community banks with risks tied only to the communities they faithfully serve.

Thus crises like these often reflect systemic issues of justice and liberation.

An extended inability to provide for seemingly endless choice would result in a systemic crisis, requiring the state to face down a populace suddenly confronted with the one unacceptable «choice» of restricted choices.

This approach recognizes that the family crisis is caused both by cultural changes and by social - systemic developments in areas of work, economics, child care and gender inequality.

Given the underlying problems facing Russia's leadership — predictions of future economic crises and growing discontent with systemic corruption — the regime was particularly sensitive to this opposition.

It is largely accepted that these programs lead to systemic macroeconomic instability across the continent and that these policies drove countries of the global south into «debt crisis, austerity, decline and conflict» (Bond) and «acute material scarcity» (Mbembe).

The state's systemic failure to provide enough resources for all of its students and to do so equitably — while giving all teachers the tools and support they need — is the real crisis and the one our governor is trying to sweep under the rug,» NYSUT President Karen Magee said.

@Avi Well, what happened to AIG was a systemic crisis, where all credit default swaps were at risk of having to be paid out.

But I don't see why insurance companies couldn't handle bank runs that weren't part of systemic financial crises.

However, these are negligible costs in comparison to the costs of financial crises, or implementation costs of Basel III, which will effectively not reduce systemic risk,» explains Thurner.

Further, the systemic effects over time are creating resource deficits due to increasing rates of higher needs students which are reaching crisis levels.

Jackson in particular has done almost nothing to advance systemic reform in his own hometown, and has offered little in the way of ideas on how to end an educational crisis that condemns half of all young black men to the economic and social abyss.

None of those 50 banks would be big enough to cause a systemic crisis.

The rating agency models give some benefit to lack of correlation in the business mix, but in a systemic crisis, there is greater correlation.

«The outbreak of the crisis and its spillover to the entire world reflected the inherent vulnerabilities and systemic risks in the existing international monetary system,» Zhou wrote in an essay posted on the bank's website Monday.

All of these were large enough in their own right to be minor crises, and they sent measures of systemic risk up for a while, but ultimately, they were self contained, because market players with strong balance sheets picked up the pieces from failed players, and earned a reasonable return off them after buying up the «toxic waste» at fire sale prices.

Projects of particular interest are those that apply a systemic lens to the root causes of global warming; enroll the leadership of frontline communities most vulnerable to the impact of climate change; push for broad - based civic engagement and community action; and wherever possible leverage the value artists and culture bearers bring to processes for devising and deploying practical solutions to this global crisis.

It is the first book to consider the various ways in which contemporary artists from North Africa and the Middle East utilize and disrupt the function of the archive and, in so doing, highlight a systemic and perhaps irrevocable crisis in institutional and state - ordained archiving across the region.

The systemic nature of the climate is why climage change is the most serious crisis humanity has ever faced.

Grassroots leaders of Baltimore's Human Rights Organization, the United Workers, are calling for dialogue and reconciliation with neighbors and city policy makers to address the systemic racism and poverty that has plagued the City for 40 years and get below the surface of this evolving and troubling crisis in our city.

And a systemic market failure will leave Virginians, along with residents of other states, paying more to burn fracked gas for decades, unwillingly and unfairly doing our part to exacerbate the climate crisis.

Regulators to improve disclosure of climate risk — The global financial crisis proved that the financial markets are not currently set up to manage systemic risks.

We need to base our policies and actions on a systemic and structural analysis of the origins of the climate crisis, giving specific consideration to how climate change affects different genders.

It is important to frame policies and actions based on a systemic and structural analysis of the root of the climate crisis and giving specific consideration into how it affects different genders, more so women.

Some participants hoped the global financial crisis in 2008, and the European financial crisis now, might force resolution of systemic Wicked Problems with the global economic system.

Day two saw more introduction to some of the cross-cutting systemic issues that intersect with the climate struggle, with the migration crisis, the EU - US trade talks and more we on the agenda.

However, that hasn't worked up until now, and without a systemic shakeup of structure that avails potential clients to legal professionals interested in access to justice, the crisis will remain in control of the efficacy desired in all legal systems interested in true justice.

The Court started off by noting the magnitude of the «systemic crisis» experienced in Iceland which raised the question of whether, in such a situation, the defendant could be expected to ensure payment to depositors as foreseen by the Directive (para 117).

On points 1 and 2 I'd say I can somewhat see the Court's point that there may be crises of «systemic» magnitude that even a deposit - guarantee scheme will fail.

Based on its recitals, the Court concluded that it dealt «at least primarily» with the case of a failure of individual banks and not systemic crises (para 150).