Monday, December 17, 2012

Systemic risks in global banking: What available data can tell us and what more data are needed?

"...Conclusions
Even with improved aggregate banking statistics and better bank-level data, other dimensions of systemic risk will likely remain inadequately covered. While better coverage of banks is a top priority, non-banks, including pension funds, insurance companies and large multinational corporations, can also be systemically important. This suggests going forward including not only such non-bank institutions in the counterparty sector breakdown of banks’ exposures, but also bringing large non-bank firms under the data gathering umbrella."

at http://www.voxeu.org/article/systemic-risks-global-banking-what-available-data-can-tell-us-and-what-more-data-are-needed

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