United Kingdom: Financial Sector Assessment Program-Financial System Stability Assessment

June 17, 2016

Summary

This paper assesses the stability of the financial system of the United Kingdom as a whole, not that of individual institutions. Since the last Financial Sector Assessment Program (FSAP), the U.K. financial system has put the legacy of the crisis behind it and has become stronger and more resilient. This FSAP found the system to be much stronger and thus better able to serve the real economy. Like all systems, the U.K. financial system is exposed to risks. Its position as a global hub exposes the U.K. financial system to global risks. In addition, the uncertainties associated with the possibility of British exit from the EU weigh heavily on the outlook.

Subject: Asset and liability management, Banking, Financial crises, Financial Sector Assessment Program, Financial sector policy and analysis, Financial sector stability, Liquidity, Stress testing, Systemic risk

Keywords: banking sector, banking system, BoE facility, BoE liquidity, BoE scenario, BoE stress scenario, BoE stress test result, CR, credit risk, equity trading, financial crisis, Financial sector stability, financial system, Global, ISCR, Liquidity, monetary policy, Stress testing, Systemic risk, U.K. authorities, U.K. bank, U.K. economy, U.K. G-SIBs, U.K. property

Pages:
65
Volume:
2016
DOI:
https://doi.org/10.5089/9781484394991.002
Issue:
167
Series:
Country Report No. 2016/167
Stock No:
1GBREA2016015
ISBN:
9781484394991
ISSN:
1934-7685

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