Isda AGM: Early warning system for systemic risk a 'huge challenge', says panel

The Office of Financial Research is charged with supplying data to help US regulators assess potential risks to the financial system, but Isda panellists express scepticism over what data should be used


How did regulators fail to see that the US mortgage market was on the brink of a meltdown in 2007? Why did they not react to the message of ballooning spreads in the credit default swap (CDS) market that some of the largest financial firms were edging towards collapse? And why did those regulators act so differently when those collapses occurred – at Bear Stearns, Lehman Brothers, Washington Mutual and American International Group – treating shareholders and bond investors inconsistently and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here