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

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

July 7, 2015

Electronic Access:

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

Summary:

This paper discusses the results of the Financial System Stability Assessment on the United States made under the Financial Sector Assessment Program. It is found that welcome steps have been taken in strengthening the financial system. The Financial Stability Oversight Council now provides a useful forum for coordination, the regulatory perimeter has expanded, information sharing among agencies has improved, supervisory stress testing is leading changes in risk measurement and management, and new resolution powers have been established. However, new pockets of vulnerabilities have emerged, partly in response to the continuing search for yield. This requires a continuing focus on strengthening the micro and macroprudential framework.

Series:

Country Report No. 15/170

Subject:

English

Publication Date:

July 7, 2015

ISBN/ISSN:

9781513592787/1934-7685

Stock No:

1USAEA2015006

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

111

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