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The ability of institutions to effectively manage and aggregate risk-related data is an essential precondition for … sound decision-making and strong risk governance. This applies to any data used to steer and manage institutions, both … strategically and operationally, as well as data used for risk, financial and supervisory reporting. …
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The world recently experienced several rare events with disastrous consequences: the global financial crisis, the European sovereign debt crisis, and the Fukushima nuclear accident. These events have in common that key decision-makers were unprepared for them, which aggravated these events. We...
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widen further due to the increasing risk posed by climate change. Europe is the fastest-warming continent in the world and … increasing climate risk is likely to have implications for both the supply of and demand for insurance if no relevant measures … unpredictability of these events, which may prompt insurers to stop offering catastrophe insurance in high-risk areas. At the same time …
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risk management (IGRM) of significant institutions as part of the Supervisory Review and Evaluation Process (SREP). …
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We build a balance sheet-based model to capture run risk, i.e., a reduced potential to raise capital from liquidity … critical in order for banking system regulators to adequately assess run risk and resilience. By bringing a time series of SVB … SVB prone to run risk, as they were increasingly relying on held-to- maturity, aka hidden-to-maturity, accounting …
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