Maintaining financial system
- Providing capital network
- Developing healthy financial markets
Description
Maintaining the financial system involves implementing regulatory oversight, risk management, and crisis response mechanisms to ensure stability, transparency, and resilience. This strategy addresses vulnerabilities such as fraud, insolvency, and systemic shocks by enforcing compliance, monitoring financial institutions, and facilitating coordinated interventions. Its practical intent is to safeguard assets, maintain public confidence, and support sustainable economic activity by preventing disruptions and enabling swift recovery from financial disturbances.
Claim
To develop sound financial markets which are one of the pillars of modern society, a prime prerequisite, besides political and economic stability, is the establishment of public confidence in the institutions that constitute the finance sector. Confidence can only be maintained if these institutions deliver services as promised. One of the duties of governmental authorities is to preserve the long-term stability of the financial system and the reliability of its components.
Broader
Narrower
Facilitates
Facilitated by
Value
SDG
Metadata
Database
Global strategies
Type
(B) Basic universal strategies
Subject
- Social activity » Networks
- Amenities » Maintenance
- Commerce » Finance
- Commerce » Market
- Health care » Health
- Cybernetics » Systems
- Development » Development
Content quality
Yet to rate
Language
English
1A4N
Q7331
DOCID
12773310
D7NID
217194
Editing link
Official link
Last update
Dec 6, 2022