02139cas a2200289 a 4500 AALejournalIMF022622 230101c9999 xx r poo 0 0eng d 5.00 USD 9798400206627 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. United Kingdom : Financial Sector Assessment Program-Select Issues in Systemic Risk Oversight and Macroprudential Policy. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (59 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The United Kingdom's macroprudential policy framework has proven its effectiveness. After the Global Financial Crisis (GFC) of 2007-09, the United Kingdom assigned the Bank of England (BOE) a clear financial stability mandate, created a new Financial Policy Committee (FPC) to set macroprudential policy, and shifted to a "twin peaks" model of financial oversight. The 2016 Financial Sector Assessment Program (FSAP) concluded that the new framework appeared appropriate for effectively conducting macroprudential policy. However, the framework was then relatively new. The 2021 FSAP represents an opportunity to review its performance in building systemic resilience through the financial cycle, including the market volatility resulting from the Brexit vote and the COVID-19 pandemic. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf Money and Monetary Policy imf IMF Staff Country Reports; Country Report ;No. 2022/104 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=104 IMF e-Library