As many governments have over-delegated their role to the finance sector, there appears to be a growing realisation about the difference between financial risks and societal risks.
The finance sector cannot solve society’s problems. It can simply finance the desired economic activity. Are we trying to tackle systemic societal risks (such as climate) with idiosyncratic financial risk tools? What does risk governance actually mean for actuaries?
What is the role of UK financial regulators on systemic risk and how can the IFoA influence this? What other systemic risk areas are actuaries already involved in? For example, pandemics, anti-microbial resistance, financial exclusion and the protection gap.
Speakers:
Members | |
Non-members |