Financial System in a sentence

Unfortunately, as in 2008, the interconnected global financial system results in major banks and financial institutions have exposure to financial risk in multiple markets.

The Fund says sizable public debt holdings by financial conglomerates and across financial institutions mean the stability of the financial system is bound to government fiscal discipline, sustainability of the macroeconomic outlook, and debt dynamics.

It’s part of a more conservative regulatory system in Canada that helped the country manage through the global financial crisis, and be pointed to as a model on how to prudently oversee its financial system.

The entire financial system–nothing but an elaborate simulacrum of a real-world financial system.

The Burkinabé financial system represents 30% of the country’s GDP and is dominated by the banking sector, which accounts for 90% of total financial system assets.

Aftershocks from its failure rattled the financial system, leading to the failure of Signature Bank and First Republic Bank, and putting several other banks under financial strain.

Five Russian financial institutions were sanctioned as part of an effort to “degrade” Russia’s access to the international financial system, the Treasury said.

Giwa added that the policy, which was introduced in 2022, would increase financial inclusion, reduce corruption and money laundering, and improve the efficiency of the financial system.

He revealed that during the financial crisis in the United States of America (USA), a myriad of emergency funding windows were opened to enable cash to be injected into the financial system, and from virtually any and all directions.

If there may be any unemployment, then the financial system will not be producing at full potential, and a few enchancment in financial effectivity could also be potential.

In 2021, President Biden brought the United States back into the Paris Agreement, and his financial regulators started issuing about the risk that climate change posed to the financial system.

The surge in approval enjoyed by Gordon Brown during the initial phases of the financial crisis faded away as national debate turned to issues about his stewardship of the financial system over the previous decade.

Starting last Tuesday, the Federal Reserve had to provide liquidity four consecutive days in a row, pumping around $200 billion into the US financial system, something we haven’t seen since just prior to the 2008 financial crisis.

The Congressional Oversight Panel, a body set up to scrutinize Washington’s bailout of the financial system, did not mention toasters in its “special report” on financial regulation.

This rule is designed to reduce risks to the global financial system following the central role played by the multi-trillion dollar derivatives sector in the global financial crisis a decade ago.

Dr Opoku-Afari said in the face of technology, financial services remained critical and the Bank of Ghana had established sound financial system with strong individual component institutions, as a major priority.

Massive fiscal stimulus, and macroeconomic intervention, saved the day when the financial system went ”belly up” in 2008, after unsustainable leveraging threatened to plunge global financial markets into a black hole.

Pyongyang is also still able to access the global financial system through “deceptive practices combined with critical deficiencies in the implementation of financial sanctions,” they said.

The financial crisis was almost a decade ago, but people understandably remain wary of systemic risks in the financial system.

Wala is a mobile financial platform geared toward consumers operating outside the formal financial system.