IMF Staff Country Reports

United States: Financial Sector Assessment Program-Technical Note-Systemic Risk Oversight and Systemic Liquidity

August 10, 2020

Download PDF

Preview Citation

Format: Chicago

United States: Financial Sector Assessment Program-Technical Note-Systemic Risk Oversight and Systemic Liquidity, (USA: International Monetary Fund, 2020) accessed November 21, 2024

Summary

The heterogeneity of the United States (U.S.) financial markets and complex regulatory and supervisory institutional setup in the United States underscore the importance of enhancing systemic risk oversight and building effective macroprudential tools. An effective framework would encompass identification and prioritization of system-wide risks and vulnerabilities to spur timely policy action. Structures that ensure interagency sharing of information, identify possible emerging regulatory gaps, obtain a good overview of systemic risks, and develop a cooperative framework to address identified threats to financial stability would be necessary components of such a framework. This Technical Note reviews those processes in the United States, as well as examining the issues of systemic liquidity.

Subject: Asset and liability management, Financial markets, Financial sector policy and analysis, Financial sector risk, Financial sector stability, Liquidity, Money markets, Systemic risk

Keywords: Central bank, CR, Discount window, Fed funds rate, Fed need manage volatility, Fed's FX liquidity swap lines, Financial sector risk, Financial sector stability, Financial system, Foreign exchange, FX liquidity provision protocol, Global, ISCR, Liquidity, Liquidity support, Money markets, Repo market, Support option, Systemic risk, U.S. dollar

Publication Details

  • Pages:

    58

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2020/246

  • Stock No:

    1USAEA2020006

  • ISBN:

    9781513552910

  • ISSN:

    1934-7685