Risk Management

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FSR advocates for the development of robust risk management practices that protect the financial and reputational strength of financial institutions, their customers, and the financial system. Risk management priorities cover insurance industry, systemic risk, prudential risk, and enterprise risk issues.

Policy discussions in this area are continually informed though input for executives that serve on the FSR Risk Management Policy Committee as well as the FSR Chief Risk Officers Council.

Current Risk Management Priorities:

  • Cybersecurity
  • Federal Government Involvement in Insurance Regulation
  • Reauthorization of the National Flood Insurance Program
  • Capital Planning & Stress Testing Requirements
  • Resolution and Recovery Plan Requirements
  • The Designation Process of the Financial Stability Oversight Council
  • Patents and Intellectual Property
  • Capital Standards for Financial Entities (Bank & Non-Bank)
  • Bankruptcy Reform and “Too Big to Fail” Issues
  • Swaps & Derivatives
FSR Commends Senate Progress on Legislation Renewing Terrorism Insurance

“Lenders, investors and developers will understandably be less likely to build, own or redevelop large projects unless risks from potential terrorist attacks can be reasonably addressed,” said Tim Pawlenty, CEO of the Financial Services Roundtable. “If a terrorist attack occurs, TRIA legislation will help ensure proper private sector...

No Significant Evidence of Too Big To Fail Effects on Large Bank Funding Costs

“Market perceptions of too big to fail have dramatically changed since regulators began to implement rules under the Dodd-Frank Act,” said FSR VP and Senior Counsel of Legislative & Regulatory Affairs Rich Foster. “There should not be an expectation the federal government will bail out a large failing firm.”

Leverage Ratio Rule Puts U.S. Banks at International Disadvantage

“This rule puts American financial institutions at a clear disadvantage against overseas competitors,” said Tim Pawlenty, FSR CEO. “It is disappointing this proposal wasn’t further examined by economic experts and will likely result in tighter access to loans for businesses across the country.”

Letter re: Assessment Methodologies for Identifying Non-Bank Non-Insurer Global SIFIs, 4/7/14

In determining which finance companies, market intermediaries, or investment funds should be designated as a global systemically important financial company, FSR believes the assessment methodologies should be designed to (1) focus on systemically important financial activities, and (2) identify only those entities that present a real risk of...

Cybersecurity: Divided We Fall

The financial services sector is constantly preparing to defend against and respond to cyber attacks, with many FSR’s member companies already investing heavily in expert personnel, products and services to defend their businesses and protect their customers’ information. FSR is proud to add the partnership with RILA to our arsenal of...