Search

Conduct Risk- An ever growing area of focus for the FSA Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 This article looks at the key components of Conduct Risk today, which are namely: - TCF as the back-drop - The FSA Core Conduct Programme core …

Model Behavior: Adopting an Enterprise Approach to Model Risk Management Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 As model complexity and regulatory scrutiny increases, organizations are looking for new ways to effectively manage and …

Model Risk and Its Control Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 In this paper, we analyze model risks separately in pricing models and risk measurement models as follows. (1) In pricing models, model risk is defined as the risk arising …

Model risk mitigation and cost reduction through effective design Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 The purpose of this paper is to shed light on how certain design choices in the model development process - in particular, choices in …

Model risk mitigation and cost reduction through effective documentation Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 This, A Closer Look, is the second in a series providing recommendations on mitigating model risks and improving the efficiency …

Model Risk of Risk Models Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 This paper evaluates the model risk of models used for forecasting systemic and market risk. Model risk, which is the potential for different models to provide inconsistent …

Physical and socio-economic trends in climate-related risks and extreme events, and their implications for sustainable development Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 The Fourth Assessment Report of the Intergovernmental Panel on …

Pluvial extreme event risk appraisal techniques with recent applications in Ireland and the UK Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Pluvial flooding is defined as flooding from rainfall generated overland flow before the runoff enters …

Emerging Risk: An Integrated Framework for Managing Extreme Events Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Today?s complex, interconnected global environment has created borderless risk that is capable of rapidly spreading across …

Maintain the best features of Biggert-Waters Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 The 2012 Biggert-Waters Flood Insurance Reform Act (BW12) is a bold step by Congress to reform the federally run National Flood Insurance Program (NFIP). …

Forgetting the Flood? An Analysis of the Flood Risk Discount over Time Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 We examine whether property price differentials reflecting flood risk increase following a large flood event, and whether this …

Extreme Risks - 2013 Submitted by TheSecretariat on Wed, 29/07/2015 - 13:30 Extreme risks are potential events that are very unlikely to occur but could have a significant impact on economic growth and asset returns, should they happen. Three of the risks …