Supplementing its individual and horizontal reviews, the LISCC has also made increasing use of improved quantitative methods for evaluating the health and performance of supervised firms as well as the risks they may pose to the broader financial system. A similar committee structure within the Federal Reserve is being developed to help us meet our obligations to supervise systemically important financial market utilities.
The difficulties faced by public pension systems reinforce this trend: asset management has grown the most in countries whose pension systems are primarily based on private pension schemes; where public systems play a major role, the sector has developed later and grown more slowly.