- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2023-11-06T19:26:00
A new analytic framework approved by the Financial Stability Oversight Council (FSOC) seeks to provide further clarity into how the U.S. financial system is monitored for potential financial stability risks.
The framework, issued Friday, “explains how the council considers risks irrespective of their source and how the council addresses risks using the full range of its authorities,” said the Treasury Department in a press release. FSOC, which is led by Treasury Secretary Janet Yellen, first proposed the framework in April.
The framework will take effect 60 days after publication in the Federal Register.
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