The Financial Stability Report (FSR) is prepared half-yearly by Bank staff under the guidance of the Bank’s Financial Stability Executive Board. It aims to identify the major downside risks to the UK financial system and thereby help financial firms, authorities and the wider public in managing and preparing for these risks.

The Report starts with an Overview of key developments affecting the UK financial system. This is followed by four sections:

• Shocks to the UK financial system - assessing how macroeconomic and financial developments over the past six months have affected risks to the UK financial system;
• Structure of the UK financial system - looks at changes in the structure of the system over this period;
• Prospects for the UK financial system - provides the Bank's assessment of key vulnerabilities in the light of those developments;
• Mitigating risks to the UK financial system - links this risk assessment to the mitigating actions that might be undertaken.

Please use the Related Links on the right to access the Financial Stability Report. Click here for the latest edition.

If you have any questions or would like to give us feedback regarding the Financial Stability Report, you can contact fsr_enquiries@bankofengland.co.uk.