Over time, there has been a move to much more frequent updating of prices in Australia, with funds now typically updating prices daily. The fifth and final observation is that, at least in these two examples, the runs and subsequent freezes did not lead to systemic problems in the financial system. In neither case was there a significant fire-sale of assets.
In such circumstances, banks which are performing poorly are less likely to face adverse market reaction than in an environment where creditors operate under the expectation that they are likely to lose money in the event of a bank failure.