Tagged: financial stability oversight council

FSOC Report Points to Digital Assets as Financial Risk

The Financial Stability Oversight Council (FSOC)  has identified 14 specific financial vulnerabilities impacting the markets in its annual report. The Council incorporates the participation of all the major US financial regulators, including the Secretary of the Treasury, who acts as the Chair of the Council…. Read More

Financial Stability Oversight Council Publishes Anticipated Report on Digital Assets and Affiliated Risks

The Financial Stability Oversight Council has published the expected Report on Digital Asset Financial Stability Risks and Regulation. According to the US Department of Treasury, the Council voted unanimously to approve the report in response to President Biden’s Executive Order 14067, “Ensuring Responsible Development of… Read More

Financial Stability Oversight Council , Re-Iterates that Digital Asset Report to be Published in October

The Financial Stability Oversight Council held a meeting today, and part of the discussion revolved around digital assets. In the readout, the Council noted that Treasury staff provided an update on digital assets and the report that is being prepared following the recent Executive Order on… Read More

Digital Asset Insiders Comment on FSOC Report

The US Department of Treasury has published the annual FSOC report. The Financial Stability Oversight Council convenes every year to review potential systemic risks to the financial services industry. FSOC members include the top financial services regulators including the SEC, the Fed, the OCC, etc…. Read More

The US Department of Treasury FSOC Report Addresses Fintech, Digital Assets and More

The US Department of Treasury has posted the annual Financial Stability Oversight Council (FSOC) report and financial innovation is a prominent part of the document. FSOC was established by the Dodd-Frank Act and is charged with three primary purposes: To identify risks to the financial… Read More

December Minutes of Financial Stability Oversight Council Includes Discussion on Bitcoin by CFTC Chair J. Christopher Giancarlo

The Financial Stability Oversight Council (FSOC) includes every top financial regulator in the US government representing various agencies and a handful of state regulators. Chaired by the Secretary of the Treasury, Steve Mnuchin, FSOC has statutory mandate that creates for identifying risks and responding to… Read More

Busy Week at House Financial Services Committee

The House Financial Services Committee, chaired by Congressman Jeb Hensarling, has booked a busy schedule next week. Included on the list of hearings is a visit from Secretary of the Treasury Jack Lew. Testifying on Thursday, September 22nd at 10AM, Lew will be addressing the… Read More

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