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

Market news

25 June 2015

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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