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The U.K. financial sector is globally systemic, open, and complex. It has weathered the COVID-19 pandemic fittingly, thanks to the post-GFC reforms, a proactive macroprudential stance, and an effective multipronged response to maintain financial stability. Brexit uncertainties are being handled...
Persistent link: https://www.econbiz.de/10013168903
This paper provides an assessment of the insurance sector in the United Kingdom. The United Kingdom has one of the … deepest, most developed insurance markets in the world. Insurance penetration is 50 percent higher than in the European Union … or other advanced economies, and the expenditure per capita in insurance amounts to USD 5,429 as compared with USD 3 …
Persistent link: https://www.econbiz.de/10011675319
This paper discusses how Financial Sector Assessment Program (FSAP) stress test assesses the resilience of the banking … metrics across firms to facilitate the assessment of the banking system as a whole. The stress test analysis is intended to … help country authorities to identify key sources of systemic risk in the banking sector and inform macroprudential policies …
Persistent link: https://www.econbiz.de/10011675327
a forward-looking, quantitative assessment of capital adequacy of the U.K. banking system as a whole, and individual …
Persistent link: https://www.econbiz.de/10011675337
financial system and represent one of the largest small- and medium-sized banking segments in the EU. The banking sector is a …
Persistent link: https://www.econbiz.de/10011675499
.S. authorities in recent years to recalibrate and further tailor the banking regulatory and supervisory framework and the role of … once the impact of the pandemic on the economy and the banking sector becomes clearer …
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