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
International Insurance

Incentive-Based Compensation Requirements: Deadline Extension Request

FSR in cooperation with four other industry associations ask for at least a 150-day comment period to respond to a recent joint-agency proposal that places more regulations and specific limits on bonus payments to financial services employees. The associations note that allowing the public to have sufficient time to analyze the rule will ensure...

POLL: 2016 Presidential Focus Series – Agenda Setting

    With the 2016 Republican and Democratic national conventions quickly approaching, FSR is launching a presidential focus series highlighting the top issues the candidates should focus on.

Request for the Release of FR Y-14 Technical Instructions

In reaction to an earlier request from the industry, the Federal Reserve delayed the effective date of certain changes to its FR Y-14 information reporting forms until June 30, 2016. Unfortunately, the Federal Reserve has not yet released the technical instructions that are associated with these changes, which prevents banking institutions from...

Projected Costs of FinCEN Proposal on Customer Due Diligence