C2: Systemic Risk Identification

Identify systemic risks stemming from the model.

Step 2 of 10

Commitment Progress0% (0/4)

REQ-2.1-01Measure 2.1 (Page 10)

Is a structured process followed to compile a list of potential systemic risks?

"Signatories will identify... the systemic risks obtained through the following process: (a) compiling a list of risks that could stem from the model... based on the types of risks in Appendix 1.1."

REQ-2.1-02Measure 2.1 (Page 10)

Does the risk identification process incorporate model-independent information and incident history?

"Taking into account: (i) model-independent information... (ii) relevant information about the model and similar models, including information from post-market monitoring... and serious incidents."

REQ-2.1-03Measure 2.1 (Page 10)

Are the nature and sources of identified risks analyzed?

"(b) analysing relevant characteristics of the risks compiled... such as their nature (based on Appendix 1.2) and sources (based on Appendix 1.3)."

REQ-2.2-01Measure 2.2 (Page 10)

Have detailed systemic risk scenarios been developed for each identified risk?

"Signatories will develop appropriate systemic risk scenarios, including regarding the number and level of detail... for each identified systemic risk."