Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

FSOC turns focus to asset management

Joe Mont | April 20, 2016

Bringing a measure of transparency to its often secretive deliberations, the Financial Stability Oversight Council has released a public update on its review of potential risks to U.S. financial stability. Topping that list, beyond its controversial designations of banks and nonbanks as systemically important, are concerns about asset management products and activities

FSOC’s evaluation has focused on, and will continue to assess: liquidity and redemption; leverage; operational functions; securities lending; and resolvability and transition planning. The public statement follows a December 2014 notice seeking public comment on how asset management products and activities could pose risks to U.S. financial...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.