This report presents the results from the third shadow banking monitoring exercise in the Americas published by the FSB Regional Consultative Group for the Americas (RCG for the Americas). This exercise uses data as of end-2015 (when available) for 17 jurisdictions which together account for approximately 97% of GDP in the region.
The RCG for the Americas agreed in 2012 to undertake a shadow banking monitoring exercise following the approach adopted by the FSB. The main objective of the exercise is to achieve a better understanding of the scope and structure of shadow banking in the Americas, and to identify specific characteristics of the shadow banking activities in these jurisdictions. The previous two reports under the exercise were published on 22 August 2014 and 30 October 2015.
This document has been prepared by the FSB RCG for the Americas and is being published to disseminate information to the public. The views expressed in the document are those of the RCG for the Americas and do not necessarily reflect those of the FSB.
Since October 2011, when the FSB set out its initial recommendations to “strengthen oversight and regulation of shadow banking”, the FSB has carried out six annual global shadow banking monitoring exercises. The FSB’s sixth global monitoring report was published in May 2017. This third report of the RCG for the Americas is summarised in Annex 8 of the FSB’s May 2017 global report.