Eddy Wymeersch

Systemic risk in the securities activities

S&C 2012-02

Systemic risk is receiving more and more attention outside the banking sector: the securities and now also the insurance field are being analysed with a view of detecting systemic threats. This paper gives an overview of some more visible systemic developments, starting from a number of events with systemic character and the related regulatory responses. The position of company boards faced with systemic risk is touched upon.