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ARTICLE · 22 NOVEMBER 2018

OFR Says U.S. Financial Stability In Medium Risk Range

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The report also describes a reorganization of the OFR in 2018.

United StatesFinance and Banking
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In its Annual Report to Congress, the Office of Financial Research ("OFR") found that risks to U.S. financial stability are "in the medium range overall." OFR said market risk is due to historically high stock prices, but stated that current solvency and leverage risks are low. Cybersecurity was also identified as a high risk.

The OFR report addressed these regulatory issues:

  • proposed changes to large bank holding company capital regulation (p. 23);
  • effects of a failed financial firm's derivatives exposures (p. 32);
  • bond market liquidity based on TRACE data and the effects of "all-to-all" trading platforms (p. 42);
  • LIBOR alternative and repo data (p. 56); and
  • Legal Entity Identifiers (p. 57).

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