Calibrating the GSIB Surcharge

This white paper discusses how to calibrate a capital surcharge that tracks the systemic footprint of a global systemically important bank holding company (GSIB). There is no widely accepted calibration methodology for determining such a surcharge. The white paper focuses on the “expected impact” framework, which is based on each GSIB’s expected impact on the financial system, understood as the harm it would cause to the financial system were it to fail multiplied by the probability that it will fail. Because a GSIB’s failure would cause more harm than the failure of a non-GSIB, a GSIB should hold enough capital to lower its probability of failure so that its expected impact is approximately equal to that of a non-GSIB.

Spotlight

gemeente Oldenzaal

Oldenzaal is de Glimlach van Twente. Een compacte stad (ruim 32.000 inwoners) waar je naar hartenlust kunt wonen, werken en leven. Als werkgever stimuleert de gemeente Oldenzaal eigen initiatief en ambitie.

OTHER WHITEPAPERS
news image

IT Modernization

whitePaper | January 28, 2022

Goals and processes for improving existing technology infrastructure and avoiding the risks associated with outdated systems: a roadmap for IT Modernization within the Federal Government

Read More
news image

DIGITAL TRANSFORMATION IN FEDERAL AGENCIES

whitePaper | January 17, 2023

Digital modernization refers to the process of utilizing technology, whether through adoption of new tools or the improvement of existing ones, to achieve organizational goals. This can include enhancing the user experience, ensuring high uptime, implementing robust security measures, reducing latency, and streamlining processes for resolving issues. All levels of government are going through a digital transformation to deliver services and programs more effectively,transparently, and economically.To meet the demands of citizens who have adapted to the technological advancements in society, digital government transformation has become a vital aspect of providing efficient and effective services. However, one of the biggest hurdles in this process for federal agencies is striking a balance between leveraging technology for its benefits and maintaining robust security and privacy measures. Federal agencies handle confidential information regularly, making it imperative to safeguard against data breaches. Consequently, agencies must ensure that their digital systems and procedures are secure and adhere to relevant regulatory requirements.

Read More
news image

Government Special Report

whitePaper | December 27, 2021

Government Financial & Operational Management Special Report Identifying the challenges that face your governmental entity is oftentimes the first step in helping position your government for future success. Are you able to balance the needs of your community while efficiently managing and reporting on the services you’re charged with providing?

Read More
news image

Four ways governments can get the most out of their infrastructure projects

whitePaper | January 7, 2020

Infrastructure—for example, transportation, power, water, and telecom systems—underpins economic activity and catalyzes growth and development. The world spends more than $2.5 trillion a year on infrastructure, but $3.7 trillion a year will be needed through 2035 just to keep pace with projected GDP growth.1 National, state, and local governments are devoting increased amounts of capital to meet these needs, and for good reason. The McKinsey Global Institute estimates that infrastructure has a socioeconomic rate of return around 20 percent.2 In other words, $1 of infrastructure investment can raise GDP by 20 cents in the long run.

Read More
news image

Customer Chronicles — Securing State and Local Government Agencies with Strong MFA

whitePaper | February 3, 2020

Protecting sensitive data and maintaining cybersecurity hygiene are top concerns for security professionals and CISOs from state and local government agencies. Government networks contain sensitive data such as social security numbers, voter registration, medical records, bank account and credit card numbers of millions of people and businesses, which can make them an attractive target for bad actors. With the increasing sophistication of cyberattacks and the lack of resources at their disposal, the IT departments across these agencies are looking for a solution that enables them to do more with less. We built Duo to be a simple, affordable and secure solution to help government agencies – and organizations of all sizes – solve to these problems.

Read More
news image

Atlassian success for Western Australian Government Agencies

whitePaper | October 5, 2022

Insights into how Atlassian's Jira and Confluence can support government agencies to work more collaboratively and deliver more results and services - effectively - to stakeholders and communities.

Read More

Spotlight

gemeente Oldenzaal

Oldenzaal is de Glimlach van Twente. Een compacte stad (ruim 32.000 inwoners) waar je naar hartenlust kunt wonen, werken en leven. Als werkgever stimuleert de gemeente Oldenzaal eigen initiatief en ambitie.

Events