The WFE Best Practice note on Emerging Risk Management provides for the importance of emerging risk management process, and a few techniques for identifying emerging risks such as Periodic risk assessment, Horizon Scanning, Scenario Analysis, Regular Risk Reporting and Communication Practice, Developing a strong Risk Culture, etc. The note also contains some of the questions that members could consider while identifying emerging risks in categories like Technology Risk, Operational Risks, Regulatory Risks, Market Risks, Credit and Counterparty Risks. 

 Please send any comments or questions to Chhavi Sinha [email protected] and Richard Metcalfe [email protected]