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Too Big to Fail, Too Interconnected to Fail?

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The purpose of the conference was to identify the specific characteristics of financial institutions that pose potential risks to the financial system as a whole, and to review the ways in which these elements of systemic risk have been addressed in the past. There were some reflections on the consequences of this analysis for the prudential regulatory principles and supervisory measures, as well as for the design and functioning of deposit insurance schemes, clearing and settlement systems, and other elements of the system that impact on financial stability.