kaal:claim:2470008-011

International regulators agree on designation criteria but not on the unit of assessment: the FSB and IOSCO assess systemic importance at the fund level while the OFR would assess it at the asset manager level with all funds combined.

Although the proposed designation criteria are similar, the FSB and IOSCO emphasize the assessment of systemic importance at the fund-level, while the OFR suggests systemic assessment at the asset manager-level with all funds combined.

Wulf A. Kaal, The Systemic Risk of Private Funds after the Dodd-Frank Act (2014), II. Systemic Risk of Private Funds
https://ssrn.com/abstract=2470008 · source PDF

Wulf A. Kaal, The Systemic Risk of Private Funds after the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2470008

• designation of globally active investment funds as systemically important

empiricalsupport: evidencedsystemic-riskinstitutional-design

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Attestation record: colloquium/attestations/759779dd08e69366...json
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