IMF Staff Country Reports

United States: Publication of Financial Sector Assessment Program Documentation: Reports on Observance and Codes

July 30, 2010

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Format: Chicago

United States: Publication of Financial Sector Assessment Program Documentation: Reports on Observance and Codes, (USA: International Monetary Fund, 2010) accessed September 19, 2024

Summary

The report gives a summary of the detailed assessment report on the implementation of the Basel Core Principles for Effective Banking in the United States and its recommendations, securities and futures market regulatory, insurance regulation, Fixed Income Clearing Corporation -Government Securities Division (FICC-GSD) system, and other recommendations such as Depository Trust Company (DTC) against the Recommendations for Securities Settlement Systems (RSSS), the National Securities Clearing Corporation (NSCC) against the Recommendation for Central Counterparties (RCCP), the Fedwire Securities Service (FSS) against the Committee on Payment and Settlement Systems -International Organization of Securities Commission (CPSS-IOSCO) RSSSs as well. The U.S. authorities welcomed the Financial Sector Assessment Program (FSAP) and independent reviews, and appreciated significant undertaking associated with reviews in the wake of the crisis.

Subject: Banking, Central counterparty clearing house, Financial crises, Financial institutions, Financial markets, Insurance, Insurance companies, Securities

Keywords: Authority, Business continuity arrangement, Central counterparty clearing house, CR, Default procedure, FICC-GSD business continuity arrangement, Fixed Income Clearing Corporation-Government Securities Division, FSS participation requirements, Fund, Global, Governance arrangement, Insurance, Insurance companies, ISCR, NSCC business continuity arrangement, Securities

Publication Details

  • Pages:

    98

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/250

  • Stock No:

    1USAEA2010017

  • ISBN:

    9781455206773

  • ISSN:

    1934-7685

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