kaal:claim:2470008-019
SIFI designation changes the nature of regulation for a nonbank financial institution, subjecting it to substantial additional regulation and forcing it to change how it does business, which can in turn constrain its growth.
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Designation as a systemically important financial institution (SIFI) would change the nature of the regulation for the respective nonbank financial institution and subject such entity to substantial additional regulations,149 requiring the respective entity to change the way it does business.
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mechanismsupport: arguedsystemic-riskcomplianceinstitutional-design
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