FSOC

  • fsoc-risk
    Article

    Regulators’ top risk cop assailed by reform-bent critics

    2019-03-21T16:25:00Z

    The Financial Stability Oversight Council was created to expose and mitigate systemic risks to the U.S. financial system. Its critics are winning the long-simmering battle to redefine its efforts.

  • Mnuchincrop
    Article

    FSOC seeks changes to nonbank designation guidance

    2019-03-07T21:12:00Z

    The FSOC has released proposed interpretive guidance regarding nonbank financial firm SIFI designations. It would implement an “activities-based approach” to identifying potential risks to financial stability and provide an “off-ramp” to designated firms.

  • Blog post

    Prudential escapes SIFI tag, enhanced regulatory oversight

    2018-10-29T14:30:00Z

    The FSOC has reversed a previous determination that material financial distress at Prudential Financial could pose a threat to U.S. financial stability.

  • Blog post

    FSOC lets AIG shed ‘systemically important’ status

    2017-10-02T12:00:00Z

    The Financial Stability Oversight Council has de-designated AIG as a systemically important financial institution, a classification that had placed heightened prudential standards and regulatory expectations upon the non-bank.

  • Blog post

    Trump targets FSOC, reviews ‘fiduciary duty’ rule

    2017-02-06T09:00:00Z

    President Donald Trump’s regulatory rollback will include an FSOC review of financial rules and a review of the Labor Department’s “fiduciary duty” rule that could ultimately lead to its demise. Joe Mont explores.

  • Blog post

    FSOC vs. MetLife legal battle resumes in October

    2016-08-25T12:45:00Z

    Round two of the fight between insurance giant MetLife and the government over its status as a systemically important financial institution heads to the U.S. Court of Appeals for the D.C. Circuit on Oct. 24 for oral arguments. Joe Mont reports.

  • Blog post

    GE Capital breaks free of its SIFI designation

    2016-06-29T12:30:00Z

    GE Capital Global Holdings is no longer a threat to financial stability,says the Financial Stability Oversight Council. While MetLife prevailed in a lawsuit to shed its designation as a non-bank systemically important financial institution, GE Capital did so by working within the agencies appeals framework. Joe Mont reports.

  • Blog post

    FSOC releases sixth annual report, risk assessment

    2016-06-22T16:30:00Z

    The Financial Stability Oversight Council has approved and released its 2016 annual report. Delivered each year to Congress, it addresses a range of issues, including financial market and regulatory developments and potential emerging threats to financial stability. Joe Mont explores.

  • Article

    Fed proposes more ‘bank-like’ capital & risk standards for insurance companies

    2016-06-07T12:15:00Z

    Insurance companies are increasingly targeted with bank-like regulation and oversight. The latest development: proposals by the Federal Reserve’s Board of Governors for new capital and risk management standards for systemically important insurance companies and those that own a bank or thrift. Joe Mont reports.

  • Blog post

    FSOC turns focus to asset management

    2016-04-20T14:45:00Z

    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 ...