financial stability authority
E865756
The financial stability authority is a regulatory role responsible for overseeing and safeguarding the stability and resilience of a country’s financial system.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
financial regulatory authority
ⓘ
regulatory role ⓘ |
| aimsTo |
maintain confidence in the financial system
ⓘ
mitigate impact of financial shocks ⓘ prevent financial crises ⓘ reduce systemic risk ⓘ |
| collaboratesWith |
banking supervisor
ⓘ
central bank ⓘ deposit insurance agency ⓘ insurance supervisor ⓘ securities regulator ⓘ |
| hasPrimaryResponsibility | financial stability ⓘ |
| hasResponsibility |
crisis management
ⓘ
crisis prevention ⓘ monitoring systemic risk ⓘ promoting resilience of the financial system ⓘ safeguarding the stability of the financial system ⓘ |
| mayBeAccountableTo |
government
ⓘ
independent oversight body ⓘ parliament ⓘ |
| mayBeEstablishedBy | national legislation ⓘ |
| mayBeLocatedIn |
central bank
ⓘ
ministry of finance NERFINISHED ⓘ separate regulatory agency ⓘ |
| mayIssue |
financial stability reports
ⓘ
warnings about systemic vulnerabilities ⓘ |
| mayUseTool |
capital buffers
ⓘ
leverage limits ⓘ liquidity requirements ⓘ macroprudential policy instruments ⓘ resolution planning for financial institutions ⓘ sectoral capital requirements ⓘ stress testing ⓘ systemic risk monitoring frameworks ⓘ |
| objective |
protect real economy from financial instability
ⓘ
support sustainable economic growth ⓘ |
| operatesAtLevel | national level ⓘ |
| oversees |
banks
ⓘ
country’s financial system ⓘ financial markets ⓘ non-bank financial institutions ⓘ |
| performsFunction |
coordination of financial sector policies
ⓘ
macroprudential supervision ⓘ policy recommendation on financial stability ⓘ system-wide risk assessment ⓘ |
| scopeIncludes |
interconnectedness of financial institutions
ⓘ
macro-level risks ⓘ procyclicality in the financial system ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.