Global Shadow Banking Monitoring Report 2013
The third annual shadow banking monitoring exercises presents data as of end-2012 from 25 jurisdictions and the euro area as a whole, covering about 80% of global GDP and 90% of global financial system assets. As in previous exercises, the primary focus of the monitoring is a “macro-mapping” based on balance sheet data of national financial accounts, that looks at all non-bank financial intermediation. This conservative estimate ensures that data gathering and surveillance cover the areas where shadow banking-related risks might potential arise. The exercise was conducted by the FSB Analytical Group on Vulnerabilities (AGV), the technical working group of the FSB Standing Committee on Assessment of Vulnerabilities (SCAV), using quantitative and qualitative information, and followed a similar methodology to that used for previous reports. Its primary focus is on a "macro-mapping" based on national Flow of Funds and Sector Balance Sheet data (hereafter Flow of Funds), that looks at all non-bank financial intermediation to ensure that data gathering and surveillance cover the areas where shadow banking-related risks to the financial system might potentially arise.