FSOC releases meeting readout

This story appeared in Bank Digest.

The Financial Stability Oversight Council has made available a readout of its March 21, 2016, meeting, which was conducted via telephone. According to the readout, the FSOC discussed its ongoing assessment of potential risks to U.S. financial stability from asset management products and activities, including a discussion regarding potential financial stability risks related to liquidity and redemption risks and risks associated with the use of leverage by asset management vehicles. The FSOC noted that it expects to provide a public update on its analysis this spring.