13Sep2010
Author
SOA Blog
Category
General

It’s Not Too Late to Provide Your Thoughts on Systemic Risk and the Recently Passed Financial Reform Legislation – A Call for Essays

By Bob Wolf, SOA Staff Fellow, Risk Management

BobWolf Are we moving forward from the financial crisis? We invite you to share your thoughts via our Call for Essays on Risk Management: Part Two – Systemic Risk, Financial Reform, and Moving Forward from the Financial Crisis. This call is sponsored collaboratively by the SOA/CAS/CIA Joint Risk Management Section, the SOA Investment Section, the International Network of Actuaries in Risk Management (IN-ARM) and the Enterprise Risk Management Institute International (ERM-II). In case you missed it, here is Part 1 of the risk management essays.

The U.S. Congress recently passed the most sweeping financial reform measure since the Great Depression. The purpose of this legislation is to prevent the risky behavior and decision-making that led to the financial crisis, and to prevent future crises.

  • Does this legislation solve the problems of the past?
  • Are there other significant issues not addressed?
  • Does this legislation cause other concerns?
  • In reflecting on the events of the last two years, is it possible to effectively develop early warning indicators that trigger intervention in advance of a complete collapse of an entire financial system or market?
  • Does it make sense to have a chief risk officer of, say, the United States of America, whose role it would be to manage/mitigate this risk?

Each essay should be no more than two pages (1,500 words or less). In addition, we have extended the deadline to Friday October 1, 2010.

We invite your thought leadership to address these questions and other considerations, and we are planning to publish the collection of essays by the end of the year.

If you have any questions, feel free to contact me at rwolf@soa.org.

And if you have any immediate thoughts on this topic, I invite you to post them below.

Sharing is caring.
  • Subscribe to our feed
  • Tweet about this post
  • Share this post on Facebook
  • Share this post on Google
  • Share this post on LinkedIn

Discussion

No responses to "It’s Not Too Late to Provide Your Thoughts on Systemic Risk and the Recently Passed Financial Reform Legislation – A Call for Essays"

There are no comments yet, add one below.

Leave a Comment