This guidance sets out supervisory expectations as well as recommendations to strengthen the backtesting of internal assessments of counterparty credit risk exposures.
Risk Management
This document clarifies supervisory expectations on the range of industry AMA practices while promoting increased convergence in operational risk management.
1 October 2010
The goal of these principles is to reduce mechanistic reliance on ratings and to incentivise improvements in independent credit risk assessment and due diligence capacity.
The report recommends enhancements to haircut-setting and margining practices to dampen the build-up of leverage in good times and soften the system-wide effects during a market downturn. It also recommends that macroprudential authorities consider measures that involve countercyclical variations in margins and haircuts.
The Principles and Standards for Sound Compensation Practices intend to reduce incentives towards excessive risk taking that may arise from the structure of compensation schemes for significant financial institutions.
1 July 2009
Outsourcing poses important challenges to the integrity and effectiveness of the financial and capital markets and for the market authorities.
IOSCO establishes good practices in relation to investment managers' due diligence when investing in structured finance instruments.
6 May 2009
This IADI guidance paper examines various approaches to funding used by deposit insurers and suggests guidance on the design of funding mechanisms and other closely related features of deposit insurance system.
The principles in this document promote strong governance processes around valuations; the use of reliable inputs and diverse information sources; the articulation and communication of valuation uncertainty to internal and external stakeholders; the allocation of sufficient banking and supervisory resources to the valuation process; independent verification and validation processes; consistency in valuation practices for risk management and reporting purposes, where possible; and strong supervisory oversight around bank valuation practices.
1 October 2008
The purpose of the Santiago Principles is to identify a framework of generally accepted principles and practices that properly reflect appropriate governance and accountability arrangements as well as the conduct of investment practices by SWFs on a prudent and sound basis.