This report describes a risk assessment process for Critical Infrastructures (CI) based on the staff working document from DG ECHO namely "Risk Assessment and Mapping Guidelines for Disaster Management" and DG HOME "on a new approach to the European Programme for Critical Infrastructure...

Deposit Guarantee Schemes (DGS) aim at protecting depositors of all credit institutions against bank failures. One of the most critical issues about DGS concerns the criteria to be used to assess the risk‐based contribution that each member bank should pay to the Scheme. We propose an...

Under the Basel II framework for capital adequacy of banks, regulatory financial collateral and guarantees (C&G ) can affect lending policy in both a micro and a macro perspective. This paper aims at assessing these effects throught the modelling of the impact of C&G on credit spreads. In doing...

Derivative instruments attempt to protect a portfolio against failure events. Constant proportion portfolio insurance (CPPI) and constant proportion debt obligations (CPDO) strategies are recent innovations and have only been adopted in the credit market for the last couple of years. Since their...

Humans and the environment are continuously exposed to a multitude of substances via different routes of exposure. However, the risk assessment of chemicals for regulatory purposes does not generally take into account the "real life" exposure to multiple substances, but mainly relies on the...

The present work proposes a new methodology to estimate the reduction in the probability of occurrence of a systemic banking crisis entailed by the implementation of the Basel III framework for banking regulation. This is achieved by making use of the SYMBOL model (SYstemic Model of Banking...

The recent financial crisis has highlighted the risks posed by individual banks to the entire banking system. Next to the issue of determining individual contributions to systemic risk, the question of additional taxes on the financial sector has been debated. This paper uses SYMBOL, a...

This is the forth report of the revised INFORM's concept and methodology. INFORM is a composite indicator that identifies countries at risk of humanitarian crisis and disaster that would overwhelm national response capacity. The INFORM index supports a proactive crisis and disaster management...

This is the forth report of the revised INFORM's concept and methodology. INFORM is a composite indicator that identifies countries at risk of humanitarian crisis and disaster that would overwhelm national response capacity. The INFORM index supports a proactive crisis and disaster management...

The STREST project developed a stress test methodology and a modelling approach to hazard, vulnerability, risk and resilience assessment of low-probability high-consequence events. The project contributes to the Sendai Framework for risk reduction, the improved protection of European and...