The Office of Financial Research today introduced two new monitoring tools to assist with tracking and measuring of factors that pose risks to financial stability. The first tool, the Financial System Vulnerability Monitor, is a heat map of 58 indicators of potential vulnerabilities designed to give early warnings for further investigation. The second tool, the Financial Stress Index, measures system-wide stress, providing a daily market-based snapshot of stress in global financial markets derived from 33 financial market indicators.
Banking sector, regulators announce joint effort to address AI risks
Banking industry and Treasury Department representatives came together at ABA's headquarters in Washington, D.C., to announce the next steps in...