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systemic
(redirected from systemically)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia 0.01 sec.
systemic
Physiol (of a poison, disease, etc.) affecting the entire body


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While the Federal Reserve Board is "well suited" to the task of being the consolidated supervisor for systemically important nonbanks, a system for resolving large, troubled nonbanks such as insurers "analogous to the regime currently used by the Federal Deposit Insurance Corporation" is also needed, he said.
lt;strong>Creating a framework that allows for the safe unwinding of failing, systemically critical firms</strong> - "To further ameliorate the too-big-to-fail problem, the Congress should create a new set of authorities to facilitate the orderly resolution of failing, systemically important financial firms .
The FSA is to issue a discussion paper in the next month tackling the issue of systemically important banks and policy tools such as the design of 'living wills' to wind down failed banks in an orderly manner.
 
 
 
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