2  Box D of the FSOC 2011 annual report provides a fuller discussion of the financial-sector vulnerabilities implied by money market funds. See Financial Stability Oversight Council (2011), Financial Stability Oversight Council 2011 Annual Report (22 MB PDF) (Washington: FSOC), “Box D: Money Market Funds,” pp. 50–51.
BIS central bankers’ speeches  3  project to design a global classification system based on unique legal entity identifiers to identify parties to financial contracts. This system would allow market participants to better measure on a consolidated basis their counterparty risk across products and other dimensions.