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What are the core elements of a stability module?

April 26, 2017core elements module stability

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What are the core elements of a stability module?

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A. At a minimum, a stability module covers an evaluation of three components: (1) the source, probability, and potential impact of the main risks to macro-financial stability in the near-term; (2) the countrys financial stability policy framework; and (3) the authorities capacity to manage and resolve a financial crisis should the risks materialize.