FSR : Octobre 2008 - Valuation issues at the heart of the current crisis
The Financial Stability Review is a bi-annually publication essentially aimed at financial sector players and observers, such as decision makers, academics and market participants. It reviews developments affecting financial institutions, markets and their infrastructures from a cyclical and structural perspective.
The transformation of financial systems has highlighted several potential sources of instability, such as financial bubbles, bouts of market volatility and changes in the allocation of risk between participants. At the very heart of the financial system, central banks play a decisive role in preserving its stability. For this reason, they carry out a thorough analysis of the soundness of the financial system's various components, based on a close dialogue with its main relevant players.
Aimed at encouraging analysis and exchanges of views, the Financial Stability Review is divided into two parts. The overview provides a detailed account of recent developments in the international environment and the financial system, addresses financial vulnerabilities and sheds light on the initiatives designed to enhance financial stability. The articles provide in-depth analysis on a wide range of topical issues.
