FSoC to take ‘flexible approach’ to identifying systemically important financial market infrastructures


The United States Financial Stability Oversight Council (FSoC) on Thursday outlined proposals for identifying systemically important financial market infrastructures which it said, provides a good degree of flexibility.

At its fourth meeting at the US Treasury Department in Washington, members of the council proposed several criteria for assessing financial market infrastructures that are "systemically important" to the financial system and require "heightened supervision". The term financial

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