The Financial Policy Committee (FPC) was established under the Bank of England Act 1998, through amendments made in the Financial Services Act 2012. The legislation requires the FPC to prepare and publish a Financial Stability Report twice per calendar year. The Report covers the Committee’s view of the current stability of the UK financial system at the time of preparation of the Report and an assessment of developments that have influenced this view; an assessment of the strengths and weaknesses of the system and the risks to stability; and the Committee’s view on the outlook for the stability of the UK financial system. The Report also summarises the activities of the Committee over the reporting period and the extent to which policy actions taken have succeeded in meeting the Committee’s objectives.
Financial Stability Reports published prior to this year can be found by selecting the necessary 'Year' from the drop-down list below:
Financial Stability Report, December 2015 (10:30)