IMF Staff Country Reports

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

July 30, 2010

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund, and International Monetary Fund. Monetary and Capital Markets Department "United States: Publication of Financial Sector Assessment Program Documentation: Financial System Stability Assessment", IMF Staff Country Reports 2010, 247 (2010), accessed December 21, 2024, https://doi.org/10.5089/9781455206742.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

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).

Subject: Banking, Commercial banks, Financial crises, Financial institutions, Insurance, Loans, Securities

Keywords: Commercial banks, CR, Europe, FDIC guarantee, Fed chairman, Fed lending, Global, Insurance, ISCR, Loans, Securities, State Fed-member banks, State thrift, Thrift, Thrift supervision

Publication Details

You May Also Be Interested In...

A Confidence-Financial Inclusion Nexus in the Caucasus and Central Asia?

December 20, 2024

Ukraine: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ukraine

December 20, 2024

Islamic Republic of Mauritania: Selected Issues

December 20, 2024

Ecuador: Selected Issues

December 19, 2024