Video: FSC's Jong-Goo Yi on Sifis and G-sifis post-G20
Korean regulator Jong-Goo Yi outlines how regulators are framing the debate on how to supervise systemically important financial institutions
Speaking on the sidelines of the Asia Risk Congress in Hong Kong shortly after the November G-20 summit in Seoul, Jong-Goo Yi, commissioner for the Korean Financial Supervisory Commission, gave Asia Risk a run through some of the key policies discussed at the G-20. Not least among them was the notion of Sifis - systemically important financial institutions - which as part of financial regulatory reform, G-20 regulators agreed to introduce at the summit. In particular, Yi zeros in on the
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