Blog Describes OFR Strategic Framework

This story appeared in Bank Digest.

A Treasury Notes blog entry has been posted that describes the Office of Financial Research FY 2012-2014 Strategic Framework, which explains the goals and principles that will guide the OFR's work, spells out the architecture for the OFR and sets out a framework for accountability. According to the blog, the framework sets out five goals: 

• supporting the Financial Stability Oversight Council through the secure provision of high-quality financial data and analysis;
• developing and promoting data-related standards and best practices;
• establishing a center of excellence for research on financial stability and promoting best practices for financial risk management;
• providing the public with key data and analysis while protecting sensitive information; and
• establishing the OFR as an efficient organization and world-class workplace.