Financial Stability - the Bank's role
One of the Bank's two core purposes is to maintain the stability of the financial system. The Bank has to make sure the overall system is safe and secure and that threats to financial stability are detected and reduced. By monitoring and analysing the behaviour of participants in the financial system and the wider financial and economic environment, the Bank aims to identify potential vulnerabilities and risks, with a view to making the system stronger. The Bank's role includes oversight of payment systems - a crucial part of the financial system, which facilitate transactions between individuals, businesses and financial institutions.
Highlights...
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Financial
Stability Report Half yearly Report that provides an assessment of prospects for the UK financial system. More |
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Payment Systems Oversight Report Where the Bank sets out in its publications its oversight objectives, role and policies. More |
