Disclosures
Counterparty Risk Management Group II Report
The Counterparty Risk Management Group II Report, "Toward Greater Financial Stability: A Private Sector Perspective", has recently been published. The Report is an update and extension of previous work published in 1999.
The Report contains a comprehensive set of 47 'Guiding Principles' and 'Recommendations' regarding (1) Risk Management and Risk-related Disclosure Practices, (2) Financial Infrastructure: Documentation and Related Policies and Practices, (3) Complex Financial Products: Risk Management, Risk Distribution and Transparency, (4) Emerging Issues, and (5) Risk Management for Institutional Fiduciaries.
JPMorgan Chase actively participated with other industry leaders in the preparation of the Report and D.M. Wilson, Chief Risk Officer, served as a Vice Chairman of the Policy Group's effort. The Report is available at www.crmpolicygroup.org