Technical capabilities necessary for regulation of systemic financial risk summary of a workshop robert f engle new york university scott t weidman national research council rapporteurs national research council of the national academies. Technical capabilities necessary for regulation of systemic financial risk summary of a workshop washington dc the national academies press doi 1017226 12841 x save cancel 3 observations from the workshops keynote presentations the workshop keynote presentation by andrew lo of the massachusetts institute of technology began by looking broadly at the causes of crises in other . What are the major technical challenges associated with systemic risk regulation what are various options for building these capabilities because every systemic event is unique with respect to its specific pathology the various triggers and the propagation of effects the workshop focused on the issues listed above for systemic risk in general rather than for any specific scenario. Click here to obtain permission for technical capabilities necessary for regulation of systemic financial risk summary of a workshop translation and other rights for information on how to request permission to translate our work and for any other rights related query please click here. The financial reform plans currently under discussion in the united states recognize the need for monitoring and regulating systemic risk in the financial sector to inform those discussions the national research council held a workshop on november 3 2009 to identify the major technical challenges to building such a capability the workshop summarized in this volume addressed the following key issues as they relate to systemic risk