General Information & Client Service
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
December 05, 2017

OFR published two reports examining risks to financial stability in the United States: the 2017 Annual Report to Congress and the 2017 Financial Stability Report. The reports highlight that the overall risks to financial stability remain moderate, similar to a year ago. Although financial-system resilience has improved, market risk remains elevated, particularly in the stock markets and bond markets, while cybersecurity vulnerabilities are also a concern.

2017 Financial Stability Report. This report presents the annual assessment of financial stability in the United States. The report highlights three potential threats to financial stability: vulnerability to cybersecurity incidents, resolution risks at systemically important financial institutions, and evolving market structure. The report notes that the overall financial stability risks remain in a medium range, although the market risks are elevated. The report also highlights that the OFR developed and released two new tools this year—the Financial System Vulnerabilities Monitor and the Financial Stress Index. The vulnerabilities monitor is a heat map that gives early warning signals of potential vulnerabilities that can originate, amplify, or transmit disruptions in the financial system whereas the stress index is a daily snapshot of stress in global financial markets.

2017 Annual Report to Congress. As required by the Dodd-Frank Act, the 2017 Annual Report to Congress assesses the state of the U.S. financial system. It covers analysis of threats to the financial stability of the U.S., key findings from the OFR’s research and analysis of the financial system and status of the efforts of OFR in meeting its mission. The annual report cites key findings on network analysis to identify cybersecurity vulnerabilities and operational risk, reducing regulatory reporting burdens, LIBOR alternative, Legal Entity Identifier (LEI); assessing the systemic importance of banks; and financial data services initiatives. Overall, the report concludes that resilience of the financial system in the U.S. has improved over the past year.

 

Related Links

Keywords: Americas, US, Banking, Financial Stability, Monitoring Tools, LEI, Risks and Vulnerabilities, Market Risk, Cyber Risk, OFR

Related Insights
News

PRA Delays Final Direction on Reporting of Private Securitizations

PRA and FCA have delayed the issuance of final direction, including the final template, on reporting of private securitizations, from January 15, 2019 to the end of January 2019.

January 15, 2019 WebPage Regulatory News
News

BCBS Finalizes Market Risk Capital Framework and Work Program for 2019

BCBS published the final framework for market risk capital requirements and its work program for 2019. Also published was an explanatory note to provide a non-technical description of the overall market risk framework, the changes that have been incorporated into in this version of the framework and impact of the framework.

January 14, 2019 WebPage Regulatory News
News

EBA Single Rulebook Q&A: First Update for January 2019

EBA published answers to 13 questions under the Single Rulebook question and answer (Q&A) updates for this week.

January 11, 2019 WebPage Regulatory News
News

PRA Proposes to Amend Supervisory Statement on Credit Risk Mitigation

PRA published the consultation paper CP1/19 that is proposing changes to the supervisory statement (SS17/13) on credit risk mitigation.

January 10, 2019 WebPage Regulatory News
News

FASB Issues Q&A on Estimating Credit Loss Reserves

FASB issued a question-and-answer (Q&A) document that addresses particular issues related to the weighted average remaining maturity (WARM) method for estimating the allowance for credit losses.

January 10, 2019 WebPage Regulatory News
News

FED Updates Reporting and Supplemental Instructions for Form FR Y-9C

FED published the updated reporting instructions and supplemental instructions for the FR Y-9C reporting form. The reporting frequency for FR Y-9C is quarterly, as of the last calendar day of the quarter.

January 09, 2019 WebPage Regulatory News
News

PRA Updates Policy on Liquidity Reporting Under FSA047/048 and PRA110

PRA published the policy statement PS1/19 that provides feedback to responses to the consultation paper CP22/18 titled "Liquidity reporting: FSA047 and FSA048" and the proposal in CP16/18, which intended to correct the level of consolidation of the PRA110 reporting requirements.

January 08, 2019 WebPage Regulatory News
News

FED Proposes to Amend Company-Run Stress Testing Requirements

FED proposed to modify company-run stress testing requirements to conform with the Economic Growth, Regulatory Relief, and Consumer Protection (EGRRCP) Act.

January 08, 2019 WebPage Regulatory News
News

ESMA RTS on Supervisory Cooperation Under Securitization Regulation

ESMA issued the final regulatory technical standards (RTS) for cooperation between competent authorities and ESAs under the Securitization Regulation (2017/2402).

January 08, 2019 WebPage Regulatory News
News

ESAs Publish Joint Report on Regulatory Sandboxes and Innovation Hubs

ESAs published a joint report providing a comparative analysis of the innovation facilitators (that is, regulatory sandboxes and innovation hubs) established to date within the EU.

January 07, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 2461