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10Financial Services Act 2012 (c.21) PART 1,9C Objectives of the Financial Policy Committee,(2) The responsibility of the Committee in relation to the achievement by the Bank of the Financial Stability Objective relates primarily to the identification of,monitoring of,and taking of action to remove or reduce,systemic risks with a view to protecting and enhancing the resilience of the UK financial system.Available at http://www.legislation.gov.uk/ukpga/2012/21/contents/enacted,visited on April 5,2013.