摘要:As events in the recent financial crisis showed, the failure of certain financial institutions (FIs) can have serious negative effects, not only within a domestic economy, but across borders as well, given the global nature of activities undertaken by the largest FIs. Over the past three decades, efforts to secure global financial stability have focused on enhancing the regulation and supervision of internationally active banks to reduce the likelihood that a systemically important financial institu-tion (SIFI) will fail