Financial stability: Difference between revisions
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Financial stability is the desirable quality of a well-functioning economy in which there is a high level of public confidence in financial institutions, financial markets and financial market infrastructure. | Financial stability is the desirable quality of a well-functioning economy in which there is a high level of public confidence in financial institutions, financial markets and financial market infrastructure. | ||
For example in the UK, the Bank of England's role in maintaining financial stability includes: | |||
*Maintaining confidence in sterling. | *Maintaining confidence in sterling. | ||
*In times of market stress, acting as a lender of last resort and a market maker of last resort. | *In times of market stress, acting as a lender of last resort and a market maker of last resort. | ||
| Line 15: | Line 16: | ||
* [[Bank supervision]] | * [[Bank supervision]] | ||
* [[Business continuity plan]] | * [[Business continuity plan]] | ||
* [[Financial | * [[European Financial Stability Facility]] | ||
* [[Financial]] | |||
* [[Financial Market Infrastructure]] | |||
* [[Financial Policy Committee]] | * [[Financial Policy Committee]] | ||
* [[Financial Stability Board]] | |||
* [[Financial Stability Forum]] | |||
* [[Financial Stability Oversight Council]] | |||
* [[Financial stability ratio]] | |||
* [[Financial Stability Report]] | |||
* [[Financial stability risk]] | |||
* [[Fiscal policy]] | * [[Fiscal policy]] | ||
* [[Inflation]] | * [[Inflation]] | ||
* [[Inflation target]] | |||
* [[Infrastructure]] | |||
* [[Keynesianism]] | * [[Keynesianism]] | ||
* [[Lender of last resort]] | * [[Lender of last resort]] | ||
| Line 30: | Line 41: | ||
* [[Sterling]] | * [[Sterling]] | ||
* [[Systemic risk]] | * [[Systemic risk]] | ||
==Other resources== | |||
*[https://www.bankofengland.co.uk/financial-stability The Bank of England's approach to financial stability] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 00:11, 4 November 2024
Financial stability is the desirable quality of a well-functioning economy in which there is a high level of public confidence in financial institutions, financial markets and financial market infrastructure.
For example in the UK, the Bank of England's role in maintaining financial stability includes:
- Maintaining confidence in sterling.
- In times of market stress, acting as a lender of last resort and a market maker of last resort.
- Regulating and supervising individual banks and other financial institutions to promote their safety and soundness, through the Prudential Regulation Authority.
- Addressing systemic risks, through the Financial Policy Committee.
- Supervising financial market infrastructure.
- Resolving failing financial institutions in an orderly way.
- Collaborating with other UK financial authorities to support UK financial sector business continuity and operational resilience.
See also
- Bank of England
- Bank supervision
- Business continuity plan
- European Financial Stability Facility
- Financial
- Financial Market Infrastructure
- Financial Policy Committee
- Financial Stability Board
- Financial Stability Forum
- Financial Stability Oversight Council
- Financial stability ratio
- Financial Stability Report
- Financial stability risk
- Fiscal policy
- Inflation
- Inflation target
- Infrastructure
- Keynesianism
- Lender of last resort
- Market maker of last resort
- Monetary policy
- Monetary Policy Committee
- Monetary stability
- Money
- Prudential Regulation Authority
- Resolution
- Sterling
- Systemic risk
