## A Framework for the Surveillance of Derivatives Activities

_IMF Working Papers, March 1, 2005_

## Source details

**Canonical URL:** [A Framework for the Surveillance of Derivatives Activities](https://www.imf.org/en/publications/wp/issues/2016/12/31/a-framework-for-the-surveillance-of-derivatives-activities-18110)

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- [Markdown version](/en/publications/wp/issues/2016/12/31/a-framework-for-the-surveillance-of-derivatives-activities-18110/index.md)
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## Bibliographic details
- Authors: Eva Gutierrez
- Published: March 1, 2005
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451860801.001

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### Overview
- This paper proposes a framework for the surveillance of financial institutions' derivatives activities.
- The designed framework builds on information likely to be collected by financial market regulators for supervisory purposes, and/or information collected by market participants for the purpose of their own risk management.

### Four-Pillar Framework
- Pillar (i): analyzing quantitative information on Derivatives activities.
- Pillar (ii): determining the adequacy of prudential regulations and supervisory arrangements.
- Pillar (iii): assessing the risk mitigation infrastructure.
- Pillar (iv): assessing the degree of market transparency of the derivatives activities of financial institutions.

### Key findings and emphases
- The framework emphasizes use of supervisory and market-participant information for surveillance.
- Focus areas include prudential regulation adequacy, supervisory arrangements, risk mitigation infrastructure, market transparency, and quantitative analysis of derivatives positions and exposures.

### Subject, keywords, and thematic scope
- Subject: Banking, Credit, Credit risk, Liquidity risk, Market risk
- Keywords: amount, credit derivative, derivative instrument, derivatives activity, risk, WP

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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/a-framework-for-the-surveillance-of-derivatives-activities-18110_