Systemic Risk Council

The Systemic Risk Council is a group of experts and policymakers focused on preventing widespread financial crises that can impact the entire economy. They analyze how interconnected banks, markets, and financial institutions are, identifying potential risks that could cause cascading failures. By providing insights and recommendations, the council aims to promote stability, ensure proper regulation, and reduce the likelihood of events like bank collapses or financial crashes, which can harm individuals, businesses, and governments. Their work helps maintain a resilient financial system capable of withstanding shocks.