Transcription of Risk Identification and Assessment Methodologies for ...
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Risk Identification and Assessment Methodologies for securities Regulators THE BOARD OF THE INTERNATIONAL ORGANIZATION OF securities COMMISSIONS FR02/14 JUNE 2014 Table of Contents ABOUT THIS REPORT .. 3 Chapter 1: Definition of 7 Section 1: IMF/BIS/FSB Systemic Risk Definition .. 7 Section 2: IAIS Systemic Risk Definition .. 7 Section 3: IOSCO Systemic Risk 7 Section 4: Definition of Risk aligned to Regulatory Objectives .. 8 Chapter 2: IOSCO Risk Identification Methods .. 10 Method 1: IOSCO Committee on Emerging risks .. 10 Method 2: IOSCO Risk Outlook 10 Method 3: IOSCO Risk Dashboard .. 11 Method 4: IOSCO securities Markets Risk Outlook .. 11 Chapter 3: Risk Identification Methods used by securities Regulators .. 12 Method 1: Risk Committee .. 14 Method 2: Risk Register .. 17 Method 3: Regulatory Collaboration .. 18 Method 4: Risk-focussed Meetings .. 20 Method 5: Risk 21 Method 6: Risk Dashboard .. 22 Method 7: Research and Publications.
International Organization of Securities Commissions (IOSCO) adopted the two following new principles:2 Principle 6: The Regulator should have or contribute to a process to monitor, mitigate and manage systemic risk, appropriate to its mandate. Principle 7:
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