The report concludes that CRT activity (defined as indicated in the context of credit derivative-related transactions) has been developing at a rapid rate characterised by significant product innovation, an increasing number of market participants, growth in overall transaction volumes, and...

... In this paper, the key issues and risks are spelt out in more detail and principles are put forward that can serve as benchmarks. The principles apply across the banking, insurance and securities sectors, and the international committees involved in each sector may buildon these principles...

In June 1999, a Multidisciplinary Working Group on Enhanced Disclosure (Fisher II working group) was established to provide advice to its sponsoring organisations1 on steps that would advance the state of financial institutions disclosures of financial risks in order to enhance the role of...

This report summarises the findings of the Joint Forum’s Working Group on Risk Assessment and Capital and builds on the previous efforts of the Working Group to better understand approaches to the management of major individual risks in the banking, insurance, and securities sectors...

The Joint Forum of banking, securities, and insurance supervisors has been engaged in an effort to better understand risk management practices cross all three sectors. The purpose of this paper is to foster dialogue amongst financial firms and supervisors around issues related to the transfer of...

The Joint Forum of banking, securities, and insurance supervisors has been working to enhance mutual understanding of issues related to the supervision of firms operating in each of the respective sectors. This report responds to the parent committees’ request to compare approaches to risk...

In March 2000, the Joint Forum set up a Working Group to compare the core principles issued by the Basel Committee on Banking Supervision (Basel Committee), the International Association of Insurance Supervisors (IAIS), and the International Organization of Securities Commissions (IOSCO),...