1.7.1: Financial System

Assess the ability of the financial services industry and its regulators to maintain a stable and efficient financial system in the face of significant market and regulatory shifts

Other Information:

Key Efforts: Monitor and evaluate „„ the appropriateness of the U.S. government’s efforts, including the use of billions of dollars of taxpayer funds, to help with recovery from the 2008 crisis. „„Evaluate whether changes in the overall regulatory structure and the role of existing and any newly created financial regulatory agencies are addressing the gaps in oversight, changes in market practices, and financial institution ownership and organizational structures. „„Assess how regulators are overseeing financial firms that are increasingly global and manage multiple business lines and types of risk across regulated and unregulated entities. „„Assess how well regulators are responding to new products and market participants, emerging threats, and their impact on safety, soundness, and competition in the financial services industry. „„Assess the effectiveness of regulatory programs and policies in deterring the use of financial institutions and products to commit financial crimes. „„Assess how well new and existing regulators are managing their operations and making effective use of technology and human capital.

Stakeholder(s):

• Financial Services Industry


• Financial Services Regulators

Indicator(s):

Indicator:1

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