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

City of Pawtucket, RI

The City of Pawtucket is a municipal government in the State of Rhode Island and Providence Plantations. The administration oversees a variety of services for the benefit of the City's 71,148 residents, including Public Works, School Department, Public Library, Law Enforcement and Fire Protection, and other services.

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Goals and processes for improving existing technology infrastructure and avoiding the risks associated with outdated systems: a roadmap for IT Modernization within the Federal Government

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US–China Strategic Competition The Quest for Global Technological Leadership

whitePaper | November 9, 2019

The underlying driver of the ongoing US–China trade war is a race for global technological dominance. President Trump has raised a number of issues regarding trade with China – including the US’s trade deficit with China and the naming of China as a currency manipulator. But at the heart of the ongoing tariff escalation are China’s policies and practices regarding forced technology transfer, intellectual property theft and non-market distortions.

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Appian Government Cloud Security and Availability

whitePaper | March 14, 2022

Appian Government Cloud (AGC) is a cloud service offering with a DISA Provisional Authorization (PA) at Impact Level 5 (IL5). US Department of Defense Mission Owners can leverage the AGC PA to reduce their security responsibilities and accelerate their Authority to Operate (ATO) for cloud applications. Applications deployed on AGC are built using the Appian Low-Code Platform

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Government Requests for Cloud Customer Data

whitePaper | February 12, 2022

At Google, we know that transparency plays a critical role in earning and maintaining customer trust. That is why Google Cloud has taken steps to develop industry-leading product capabilities that enhance the control that our customers have over their data, and that give customers visibility into when and how their data is accessed. We think it is important to be clear at the outset about where we stand: our customers own their data and have the right to control access to it. Like other technology and communication companies, Google receives requests from governments and courts around the world for customer information, including requests for Google Cloud customer information. Google Cloud has developed a transparent, fair, and thorough process that meets international best practices when it comes to data access requests from law enforcement agencies and governments. Google provides a response on a case-by-case basis, taking into account different circumstances and informed by legal requirements, customer agreements, and privacy policies. We are committed to protecting privacy while also complying with applicable laws.

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Workday Government Cloud and Zero Trust

whitePaper | March 24, 2023

Workday Government Cloud offers U.S. federal agencies a world-class portfolio of financial management and human capital management cloud applications running in an environment with a FedRAMP Moderate authorization. Workday Government Cloud enables organizations to effectively and securely manage their demanding workforce, finance, and mission processes while helping to meet new Zero Trust Architecture (ZTA) strategy mandates

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A New US Strategy for Economic Competition with China

whitePaper | November 5, 2019

This final report of the Taskforce on Transforming the Economic Dimension of U.S. China Strategy outlines a four-part strategy for an effective U.S. response to the economic challenges presented by China.

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Spotlight

City of Pawtucket, RI

The City of Pawtucket is a municipal government in the State of Rhode Island and Providence Plantations. The administration oversees a variety of services for the benefit of the City's 71,148 residents, including Public Works, School Department, Public Library, Law Enforcement and Fire Protection, and other services.

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