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

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

June 17, 2016

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 16/167

Subject:

English

Publication Date:

June 17, 2016

ISBN/ISSN:

9781484394991/1934-7685

Stock No:

1GBREA2016015

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

65

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