United States: Publication of Financial Sector Assessment Program Documentation: Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

Publication Date:

May 14, 2010

Electronic Access:

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Summary:

This paper presents Detailed Assessment of the United States’s observance of Basel Core Principles for Effective Banking Supervision. The U.S. financial system is large and highly diversified. At the end-2007, total U.S. financial assets amounted to almost four and a half times the size of GDP. Of this, however, less than a one-fourth quarter of total financial assets were accounted for by traditional depository institutions. The crisis has radically changed the shape of the U.S. financial system in a short timeframe.

Series:

Country Report No. 2010/121

Subject:

English

Publication Date:

May 14, 2010

ISBN/ISSN:

9781455206612/1934-7685

Stock No:

1USAEA2010003

Pages:

123

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