Stay Ahead with Financial Stability Oversight Council Monitoring
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The Financial Stability Oversight Council (FSOC), established by the Dodd-Frank Wall Street Reform and Consumer Protection Act on July 21, 2010, holds a pivotal role in maintaining the stability of the U.S. financial system. Tasked with identifying systemic risks and responding to emerging threats, the FSOC works to prevent situations like those leading to the last financial crisis. For professionals in industries heavily affected by financial regulations, staying updated with FSOC activities is crucial.
Why Monitor the FSOC?
For compliance officers, risk managers, financial services executives, and insurance providers, keeping an eye on FSOC updates is not just a compliance necessity—it’s a strategic business advantage. The FSOC's ability to identify emerging risks and provide direction on financial research impacts regulatory landscapes, influencing:
- Nonbank Financial Institutions: Entities outside traditional banking scope that can still impact financial stability must heed FSOC's designations and guidance.
- Insurance Companies: Since these entities are major market players, understanding FSOC policies helps in risk assessment and adapting to regulatory expectations.
- Investment Firms and Financial Advisors: Insights into new regulations can shape strategies on risk management and investment portfolios.
Key Responsibilities of the FSOC
- Identifying Systemic Risks: The FSOC utilizes data from the Treasury Department's Office of Financial Research to assess and mitigate potential threats to financial stability.
- Regulatory Gap Analysis: Since its inception, the council aims to close regulatory loopholes that could facilitate another financial downturn.
- Market Conduct Reviews: Evaluating large nonbank financial firms for systemic risk, advising appropriate regulatory changes.
Importance for Industry Professionals
The FSOC's impact spans across various sectors by shaping the legal and operational frameworks within which companies operate. More stringent compliance requirements ensure financial stability but require businesses to be on their toes.
Recent Trends
With heightened global uncertainties and a complex financial market, FSOC's activities have broadened interests in:
- Enhancements in data transparency and sharing among financial entities.
- Increased regulatory scrutiny on cryptocurrencies and digital finance.
- Directions on mitigating risks from climate change impacts on financial markets.
Simplifying Monitoring with FedMonitor
Understanding each FSOC update is like decoding crucial pieces of the financial regulatory puzzle. With FedMonitor, you gain:
- AI-Powered Analytics: Ensure every notification is relevant to your business context by filtering out the noise and highlighting what's important.
- Real-Time Alerts: Tailored alerts via email, SMS, Slack, or Microsoft Teams allow immediate action when updates hit the Federal Register.
- Strategic Insights: Use our platform to quickly determine the impact of FSOC policies on your operations and adjust strategies accordingly.
Visit here for more information on how you can integrate FedMonitor into your compliance and risk management processes, ensuring you're never caught off guard by regulatory changes.
For any questions, feel free to contact us or check our FAQ for more details on our services and integrations.
Agency Details
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Status:
Active
The Financial Stability Oversight Council (FSOC) continues to fulfill its role in monitoring and addressing risks to the financial system as mandated by the Dodd-Frank Act. The agency is currently operational and functions under its established authority to ensure financial stability.
- Acronym: FSOC
- Website: Visit
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Latest Documents
Title | Type | Published |
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The Financial Stability Oversight Council (the "Council"), as part of its continuing effort to reduce paperwork and respondent burden, invites members of the public and affected agencies to comment on the continuing information collections listed bel...
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Notice | Dec 22, 2023 |
This final interpretive guidance describes the process the Financial Stability Oversight Council intends to undertake in determining whether to subject a nonbank financial company to prudential standards and supervision by the Board of Governors of t...
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Rule | Nov 17, 2023 |
The Financial Stability Oversight Council (Council) is publishing an analytic framework that describes the approach the Council expects to take in identifying, assessing, and responding to certain potential risks to U.S. financial stability.
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Notice | Nov 14, 2023 |
The Financial Stability Oversight Council (Council) is extending by 30 days the comment period on its proposed Analytic Framework for Financial Stability Risk Identification, Assessment, and Response. The comment period will now close on July 27, 202...
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Notice | Jun 27, 2023 |
The Financial Stability Oversight Council (Council) is extending by 30 days the comment period on its proposed interpretive guidance, which would replace the Council's existing interpretive guidance on nonbank financial company determinations and whi...
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Proposed Rule | Jun 27, 2023 |
The Financial Stability Oversight Council (Council) is proposing to adopt an analytic framework that describes the approach the Council expects to take in identifying, assessing, and responding to certain potential risks to U.S. financial stability.
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Notice | Apr 28, 2023 |
This proposed interpretive guidance, which would replace the Financial Stability Oversight Council's existing interpretive guidance on nonbank financial company determinations, describes the process the Council intends to take in determining whether...
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Proposed Rule | Apr 28, 2023 |
This final interpretive guidance, which replaces the Financial Stability Oversight Council's existing interpretive guidance on nonbank financial company determinations, describes the approach the Council intends to take in prioritizing its work to id...
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Rule | Dec 30, 2019 |
The Financial Stability Oversight Council (the "Council") is adopting a rule stating that the Council shall not amend or rescind its interpretive guidance on nonbank financial company determinations without providing the public with notice and an opp...
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Rule | Mar 13, 2019 |
This proposed interpretive guidance, which would replace the Financial Stability Oversight Council's existing interpretive guidance on nonbank financial company determinations, describes the approach the Council intends to take in prioritizing its wo...
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Proposed Rule | Mar 13, 2019 |
The Financial Stability Oversight Council (Council) has adopted amendments to its procedures for hearings conducted by the Council under Title I and Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).\1\ The...
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Notice | Mar 19, 2018 |
This rule makes revisions to the regulations of the Financial Stability Oversight Council (the "Council") under the Freedom of Information Act ("FOIA") as required by the FOIA Improvement Act of 2016.
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Rule | Nov 24, 2017 |
The Financial Stability Oversight Council (the "Council") invites members of the public and affected agencies to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The Council is solicit...
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Notice | Dec 22, 2016 |
This rule makes revisions to the regulations of the Financial Stability Oversight Council (the "Council") under the Freedom of Information Act ("FOIA") as required by the FOIA Improvement Act of 2016.
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Rule | Nov 28, 2016 |
The Financial Stability Oversight Council (the "Council") invites members of the public and affected agencies to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995.\1\ Section 113 of the Dodd-Frank Wall...
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Notice | Apr 21, 2015 |
This notice announces the availability of "Supplemental Procedures Relating to Nonbank Financial Company Determinations" (Supplemental Procedures).
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Notice | Feb 11, 2015 |
On December 24, 2015, the Financial Stability Oversight Council (the Council) published a "Notice Seeking Comment on Asset Management Products and Activities" (the Notice), which states that comments on the Notice must be received not later than Febr...
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Notice | Feb 11, 2015 |
The Financial Stability Oversight Council (the "Council") invites members of the public and affected agencies to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2...
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Notice | Jan 27, 2015 |
Consistent with its responsibility to identify risks to the financial stability of the United States, the Financial Stability Oversight Council (Council) is issuing this notice seeking public comment on aspects of the asset management industry (Notic...
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Notice | Dec 24, 2014 |
The Financial Stability Oversight Council will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104-13, on or...
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Notice | Aug 12, 2014 |
No sub-agencies found.