Thursday, April 17th, 2008
In their book "Global Governance of Financial Systems" the authors try to define the various dimensions of Systemic Risk. The CMAP (click on the picture to see the full picture) outlines the main concepts that the authors introduce.
Systemic risk is defined as...
a negative externality that imposes costs on society ...
Posted in Discussions | 1 Comment »
Wednesday, April 2nd, 2008
Institution: Joint Forum
Abbreviation: JF
Type: Public
Founded: 1996
Members Total: 3
Membership in:
Membership of: BCBS, IOSCO, IAIS
Description:
Working Group: Risk Assessment and Capital; Conglomerate Supervision; Customer Suitability.
Outreach:
Reporting to:
Website:http://www.bis.org/bcbs/jointforum.htm
Highest Organ: The Joint Forum usually meets three times per year.
Chair: John C Dugan, Comptroller of the Currency, United States
Seat: Basel
Function: To discuss regulation ...
Posted in Organisations | 2 Comments »
Wednesday, April 2nd, 2008
Institution:Interim Working Committee on Financial Conglomerates
Abbreviation:IWCFC
Type: Public
Founded:
Members Total:3
Membership in:
Membership of: CEIOPS, CEBS, CESR
Description:
Working Group:
Outreach:
Reporting to:
Website:
Highest Organ:
Chair:
Seat:
Function:
Standards:
Posted in Organisations | No Comments »