IMF Staff Country Reports

United States: Publication of Financial Sector Assessment Program Documentation: Technical Note on Crisis Management Arrangements

May 14, 2010

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United States: Publication of Financial Sector Assessment Program Documentation: Technical Note on Crisis Management Arrangements, (USA: International Monetary Fund, 2010) accessed December 25, 2024

Summary

This paper presents a technical note on Crisis Management Arrangements for the United States. The crisis has seen widespread systemic instability, large-scale fiscal support, and an increase in moral hazard. The lack of a formal systematic process for the assessment of risks may have contributed to a slow response to identified risks, but the additional complexity of coordinating interagency actions in response to identified risks did not help. Power to act remained with the individual agencies, and coordinating a response to identified risks could take time.

Subject: Banking, Crisis management, Crisis management framework, Financial crises, Financial sector policy and analysis, Financial sector stability, Systemic risk

Keywords: Bank group, Core college country authorities, CR, Crisis management, Crisis management framework, Discount window, Europe, Financial sector stability, Firm, Full faith and credit, Global, Group, Group interdependency, Group structure, Group transaction, Intra-group transaction, ISCR, Market, Market dislocation, Market participant, Pricing system, Senior debt, Systemic risk, Umbrella group

Publication Details

  • Pages:

    41

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/120

  • Stock No:

    1USAEA2010002

  • ISBN:

    9781455206605

  • ISSN:

    1934-7685