Cover -- Contents -- Glossary -- A -- B -- C -- F -- G -- H -- I -- L -- M -- N -- P -- Q -- R -- S -- W -- Executive Summary -- I. Introduction -- II. Information and Methodology Used for the Assessment -- III. Institutional Structure -- IV. Market Structure -- V. Preconditions for Effective...

Cover -- CONTENTS -- GLOSSARY -- INTRODUCTION AND BACKGROUND -- A. Macroeconomic and Financial Sector Developments -- B. Household and Corporate Sector Developments -- C. Implementation of 2006 FSAP Recommendations -- SOUNDNESS OF THE FINANCIAL SYSTEM AND POTENTIAL RISKS -- A. Financial Crisis...

This Technical Note provides an update on the Austrian insurance industry and an analysis of its regulatory and supervisory regime. The structure of the domestic insurance sector has remained largely stable since the last update. At Q3-2012 there were 50 insurance companies with assets of Euro...

This Technical Note analyzes crisis preparedness and management framework in Austria. The global crisis revealed weaknesses in Austria's financial stability policy framework. Austria needs to put in place a special bank resolution regime to resolve problem banks in a manner that does not...

This Technical Note discusses key results of stress testing of the banking sector in Austria. The Austrian banking system is in a recovery phase following the 2008-2009 global financial crisis. Stress testing results suggest that Austrian banks, on aggregate, have sufficient capital buffers to...

EXECUTIVE SUMMARY Economic and financial activity in Bosnia and Herzegovina (BiH) remains stuck in a low gear since the global financial crisis, reflecting weak external demand, tighter funding conditions, and deep seated structural issues. A high system-wide NPL ratio—14 percent at end-2014,...

EXECUTIVE SUMMARY Welcome steps have been taken in strengthening the financial system. The Financial Stability Oversight Council (FSOC) now provides a useful forum for coordination; the regulatory perimeter has expanded; information sharing among agencies has improved; supervisory stress testing is...

EXECUTIVE SUMMARY AND KEY FINDINGS The United States’ resolution regime for financial institutions has been significantly enhanced since the financial crisis. The Orderly Liquidation Authority (OLA), introduced in 2010 as part of the Dodd-Frank Act (DFA), provides the authorities with a robust...

EXECUTIVE SUMMARY 1. The importance of enhancing systemic risk oversight and building effective macroprudential tools is widely recognized. In the United States, where the financial markets display a greater degree of heterogeneity than elsewhere, and supervision and regulation are split amongst...

EXECUTIVE SUMMARY1 1. A range of stress tests was used to quantify the potential impacts of risks and vulnerabilities in bank and nonbank sectors. The stress testing exercise reflected a broader evaluation of potential risks, embodied in the Risk Assessment Matrix (Appendix I). To provide a more...