{
  "title": "United Kingdom: Financial Sector Assessment Program-Financial System Stability Assessment",
  "publication": "IMF Staff Country Reports, June 17, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/united-kingdom-financial-sector-assessment-program-financial-system-stability-assessment-43978",
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  "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.",
  "publishDate": "2016-06-17",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary assessment",
      "content": "- This paper assesses the stability of the financial system of the United Kingdom as a whole, not that of individual institutions.\n- 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.\n- This FSAP found the system to be much stronger and thus better able to serve the real economy.\n- The U.K. financial system is exposed to risks:\n  - Its position as a global hub exposes the U.K. financial system to global risks.\n  - The uncertainties associated with the possibility of British exit from the EU weigh heavily on the outlook."
    },
    {
      "heading": "Major themes and areas of focus",
      "content": "- Asset and liability management\n- Banking\n- Financial crises\n- Financial Sector Assessment Program\n- Financial sector policy and analysis\n- Financial sector stability\n- Liquidity\n- Stress testing\n- Systemic risk"
    },
    {
      "heading": "Keywords highlighted",
      "content": "- banking sector\n- banking system\n- BoE facility\n- BoE liquidity\n- BoE scenario\n- BoE stress scenario\n- BoE stress test result\n- CR\n- credit risk\n- equity trading\n- financial crisis\n- Financial sector stability\n- financial system\n- Global\n- ISCR\n- Liquidity\n- monetary policy\n- Stress testing\n- Systemic risk\n- U.K. authorities\n- U.K. bank\n- U.K. economy\n- U.K. G-SIBs\n- U.K. property"
    },
    {
      "heading": "Publication and document specifics",
      "content": "- Pages: 65\n- Volume: 2016\n- DOI: https://doi.org/10.5089/9781484394991.002\n- Issue: 167\n- Series: Country Report No. 2016/167\n- Stock No: 1GBREA2016015\n- ISBN: 9781484394991\n- ISSN: 1934-7685\n\nInternational Monetary Fund. Monetary and Capital Markets Department \"United Kingdom: Financial Sector Assessment Program-Financial System Stability Assessment\", IMF Staff Country Reports 2016, 167 (2016).\n\n---\n\n Content in this bundle\n\n- cr16167\n  - cr16167 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16167 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/united-kingdom-financial-sector-assessment-program-financial-system-stability-assessment-43978"
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    "Published: June 17, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484394991.002",
    "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:",
    "Asset and liability management",
    "Banking",
    "Financial crises",
    "Financial Sector Assessment Program",
    "Financial sector policy and analysis",
    "Financial sector stability",
    "Liquidity",
    "Stress testing",
    "Systemic risk",
    "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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