Financial Stability Content

After the global financial crisis, the Dodd-Frank Act of 2010 set up a regulatory framework to identify and mitigate threats to financial stability. Since then, regulators and industry have taken many actions to make financial markets and market participants more resilient. Yet a new...

In the past year, regulators have expressed concerns that regulated funds with a mandate to invest in investment grade corporate bonds might pose risks to financial stability. Most recently the focus has been on funds’ holdings of BBB-rated corporate bonds, the lowest category still...

FSOC’s Proposals Would Promote Financial Stability, Not Undermine It By Paul Schott Stevens (As published in American Banker , June 28, 2019) Washington watchers often seem to have only one scale for measuring the regulations that govern our markets and economy: more versus less...

ICI Supports FSOC Reforms of SIFI Designation Process, Offers Recommendations for Further Improvement Washington, DC; May 14, 2019—The Investment Company Institute (ICI) today offered strong support for the Financial Stability Oversight Council’s (FSOC) proposal on treatment of...

ICI Urges Congressional Action to Provide Greater Transparency and Accountability to the FSOC Nonbank SIFI Designation Process Washington, DC; March 14, 2019—Investment Company Institute (ICI) President and CEO Paul Schott Stevens testified before the US Senate Committee on Banking...

ICI Applauds FSOC Reforms of SIFI Designation Process Washington, DC; March 6, 2019—Investment Company Institute (ICI) President and CEO Paul Schott Stevens issued the following statement after today’s actions by the Financial Stability Oversight Council (FSOC), which would implement...

In the last few months, we’ve seen concerns expressed in the media, as well as by some central banks (including the US Federal Reserve, the Bank of England, and the Bank of Canada) that corporate bond funds might raise financial stability concerns. When central banks raise short-term...

ICI’s Paul Schott Stevens Discusses EU Capital Markets In an interview with Vincent Wall on Newstalk's Breakfast Business program, ICI President and CEO Paul Schott Stevens discusses how the stance of European Union (EU) regulators, as well as the United Kingdom’s departure from the...