114; Borio, C. and M. Drehmann (2011), “Towards an operational framework for financial stability: “fuzzy” measurement and its consequences”, BIS Working Paper No. 284.; Alessi, L. and C. Detken (2009), “Real-time early warning indicators for costly asset price boom/bust cycles”, ECB Working Paper No. 1039. 3  IMF (2009) “Assessing the systemic implications of financial linkages” Global Financial Stability Report, April 2009, pages 73–110.
The Federal Reserve coordinates enforcement actions with state banking supervisors on a regular basis, and enforcement actions involving operations of foreign banking organizations may be resolved in cooperation with supervisors abroad. In several recent matters, there was close coordination with the U.S. Department of Justice as well.