• Medientyp: E-Artikel
  • Titel: In the eye of the beholder: Regulatory versus industry risk perception
  • Beteiligte: Burns, Meghan E.; Kenett, Dror Y.; Sokobin, Jonathan S.
  • Erschienen: Henry Stewart Publications, 2020
  • Erschienen in: Journal of Risk Management in Financial Institutions (2020)
  • Sprache: Englisch
  • DOI: 10.69554/ljva8021
  • ISSN: 1752-8895
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  • Beschreibung: Is the perception of risk, as outlined and defined by the regulatory and supervisory community, shared by private financial institutions? In this paper, we identify risk themes present in the public disclosures of key financial organisations and discuss similarities and differences. We find that for established (traditional) risk themes, there is relatively greater consensus between regulators and industry participants. For emerging risk themes, however, we find a divergence in perspectives between industry and regulators and, at times, even within each group. We discuss this spectrum of risk perspectives as well as approaches to mitigate the resulting ‘risk gap’ between the regulators and the industry.