Risk Management

prop3small

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
BITS Issues Paper on Email Authentication and Deployment Strategies

BITS, the technology policy division of The Financial Services Roundtable, has just released a paper entitled Email Authentication Policy and Deployment Strategy for Financial Services Firms. This document updates BITS’ 2009 Email Sender Authentication Deployment paper and serves as a guide for financial services companies by providing more...

Roundtable Calls Executive Order on Cybersecurity a Step Forward

The recently signed Executive Order to improve our nation’s cybersecurity is a constructive step forward and we support its fundamental purpose. While the Executive Order moves our nation forward, Congressional action is needed to effect additional fundamental improvement. We urge Congress to build upon these actions, while not duplicating them.

Financial Institutions at Forefront of Elder Fraud Abuse Prevention

Today, Paul Smocer, president of BITS, The Financial Services Roundtable’s technology policy division, testified before the U.S. Senate Special Committee on Aging at a hearing entitled “America’s Invisible Epidemic: Preventing Financial Elder Abuse.”

Letter re: Non-Banks and Dodd‐Frank Section 165 &166, 4/30/12

The Financial Services Roundtable (“The Roundtable”) and the Securities Industry and Financial Markets Association (“SIFMA”) welcome the opportunity to provide the Board of Governors of the Federal Reserve System (the “Board”) with comments on the proposed rules (the “Proposed Rules”) implementing section 165 and section 166 of the...

Letter re: Enhanced Prudential Standards & Early Remediation Regulations under Dodd‐Frank 165/166, 4/27/12

The Clearing House Association L.L.C. (“The Clearing House”), the American Bankers Association (the “ABA”), the Financial Services Forum (the “Forum”), The Financial Services Roundtable (“The Roundtable”) and the Securities Industry and Financial Markets Association (“SIFMA”) and, together with The Clearing House, the ABA, The...