United States : Publication of Financial Sector Assessment Program Documentation; Financial System Stability Assessment.

Though The United States has experienced a devastating financial crisis owing to multifaceted factors, it started showing recovery. The authorities welcomed the program, which included strengthening microprudential regulation, establishing macroprudential responsibilities, strengthening market disci...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Staff Country Reports; Country Report ; No. 2010/247
Online Access:Full text available on IMF
Description
Summary:Though The United States has experienced a devastating financial crisis owing to multifaceted factors, it started showing recovery. The authorities welcomed the program, which included strengthening microprudential regulation, establishing macroprudential responsibilities, strengthening market discipline, and reforming credit policies. They emphasized the need to establish a council of regulatory agencies such as the Federal Reserve and the Treasury, with a mandate for financial stability. They stressed the need to enhance crisis management, resolution, and systemic liquidity arrangements, and also to address too-big-to-fail issues and the future of the government-sponsored enterprises (GSEs).
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Physical Description:1 online resource (52 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students