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25.06.2015 08:33 Federal Reserve Vice Chair Stanley Fischer: the Fed plans to adapt the stress-testing framework for three international systemically important insurance companies

 

Federal Reserve Vice Chair Stanley Fischer said in Stockholm on Wednesday that the Fed plans to adapt the stress-testing framework for three international systemically important insurance companies that it regulates.

 

 

"While distress at these firms poses risks to financial stability, particularly during a stressful period, certain sources of risk to these firms are distinct from the risks banking organizations face," he said.

 

 

Fischer said nothing about the Fed's monetary policy.



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