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...

EXECUTIVE SUMMARY1 This note sets out the findings and recommendations made in the Financial Sector Assessment Program (FSAP) for the United States in the areas of anti-money laundering and combating the financing of terrorism (AML/CFT). It summarizes the findings of a targeted review of...