United Kingdom: Financial Sector Assessment Program-Financial System Stability Assessment
IMF Staff Country Reports, June 17, 2016
Source details
- Canonical URL
- United Kingdom: Financial Sector Assessment Program-Financial System Stability Assessment
Other formats
Bibliographic details
- Published: June 17, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484394991.002
Summary assessment
- 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.
- The U.K. financial system is exposed to risks:
- Its position as a global hub exposes the U.K. financial system to global risks.
- The uncertainties associated with the possibility of British exit from the EU weigh heavily on the outlook.
Major themes and areas of focus
- 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 highlighted
- 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
Publication and document specifics
- 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
International Monetary Fund. Monetary and Capital Markets Department "United Kingdom: Financial Sector Assessment Program-Financial System Stability Assessment", IMF Staff Country Reports 2016, 167 (2016).