Showing 1 - 10 of 12
Much of the work of the FSAP was conducted prior to the COVID-19 outbreak. The risk and vulnerability analysis integrates the original work with a quantification of the impact of the COVID-19 crisis on bank solvency under two separate scenarios. The original 'market shock' scenario explores...
Persistent link: https://www.econbiz.de/10012391170
While Norway's institutional arrangement for macroprudential policy is uncommon, the authorities have shown strong … willingness to act. The Ministry of Finance (MoF) is the sole macroprudential decision-maker in Norway, which is rare in …
Persistent link: https://www.econbiz.de/10012302797
Norway has made substantial progress in strengthening its framework for financial crisis management and bank safety … Financial Groups Act and accompanying regulations. Finanstilsynet (the Financial Supervisory Authority of Norway, FSA) has been … designated as Norway's resolution authority. Resolution financing options were broadened by establishing a resolution fund. While …
Persistent link: https://www.econbiz.de/10012302812
This note presents a targeted review of selected aspects in the regulation and supervision of banks in Norway. The … review is carried out as part of the 2020 Norway Financial Sector Assessment Program (FSAP) and the findings and …
Persistent link: https://www.econbiz.de/10012302813
Much of the work of the Financial Sector Assessment Program (FSAP) was conducted prior to the COVID-19 pandemic, with the missions ending on February 13, 2020. Given the FSAP's focus on medium-term challenges and vulnerabilities, however, its findings and recommendations for strengthening policy...
Persistent link: https://www.econbiz.de/10012302816
are active in Italy. Further enhancements at the Banking Union level, as outlined in the 2018 Financial System Stability … Italy …
Persistent link: https://www.econbiz.de/10012266788
Macroprudential oversight in Italy combines local elements with the European framework. At a local level, financial …
Persistent link: https://www.econbiz.de/10012266796
This paper reviews the effectiveness of the regulation, supervision, and systemic risk monitoring of investment funds and their managers. The United Kingdom has the largest fund management market in Europe and a key role as the host for some of the most important European equity trading...
Persistent link: https://www.econbiz.de/10011675317
This paper reviews the institutional framework for the conduct of macroprudential policy in the United Kingdom and the steps taken by the authorities to make the macroprudential framework operational. An effective macroprudential framework is crucial for the U.K. financial system to remain a...
Persistent link: https://www.econbiz.de/10011675322
The main objective of this technical note is to analyze the supervision and systemic risk management of financial market infrastructures (FMIs) in the United Kingdom. It focuses on the supervision of FMIs, including the regulatory framework, supervisory practices, available resources,...
Persistent link: https://www.econbiz.de/10011675331