Skip to content
The Global Centre for Risk and Innovation
The Global Centre for Risk and Innovation
The Global Centre for Risk and Innovation

Glossary term

Systemic risk (finance)

A risk of disruption to financial services caused by an impairment of all or parts of the financial system, with the potential for serious negative consequences for the real economy (FSB, IMF and BIS, 2009).

A risk of disruption to financial services caused by an impairment of all or parts of the financial system, with the potential for serious negative consequences for the real economy (FSB, IMF and BIS, 2009).

Institution GCRI