Systemic Risk
What is Systemic Risk?
The risk of widespread failure in a system, market, or industry that could trigger cascading effects across interconnected organizations.
Terms that appear alongside systemic risk
Each of these is named in at least one of the same controls as systemic risk. The number is how many controls name both.
- audit 4 shared controls
- risk assessment 3 shared controls
- governance 3 shared controls
- compliance 3 shared controls
- transparency 3 shared controls
- cybersecurity 3 shared controls
- policy 3 shared controls
- foundation model 2 shared controls
Frameworks that govern systemic risk
What the standards actually require on systemic risk
Requirements naming systemic risk across 6 standards, quoted from the control text.
Providers of GPAI models with systemic risk shall additionally: perform model evaluation incl adversarial testing; assess and mitigate possible systemic risks;
EUAI-Art.55 · Obligations of providers of GPAI models with systemic risk →Monitor and evaluate contestability and redress processes to identify and address systemic risks and to make the processes more effective.
australia-guidance-for-ai-adoption-2025::2.3.1 · 2.3.1 Monitor contestability and redress for systemic risk →VLOPs and VLOSEs shall provide the Digital Services Coordinator of establishment or the Commission, on reasoned request, access to data necessary to monitor compliance, and provide vetted researchers access to data for the sole purpose of researching systemic...
DSA-Art.40 · Data access and scrutiny →When setting their investment strategy, undertakings must consider how macroeconomic and market conditions may develop, how sustainability risks affect their investments and what long-term effect their investment choices may have on sustainability factors, and...
solvency-ii::R25-Art.132 · Art. 132(5) to (8) (from 30 January 2027) Reflect macroeconomic developments, sustainability and, on request, macroprudential concerns in investment strategy →Additional guidance, suggested and not required to adopt the recommendations; supports Strategy A to C and Risk and impact management A to C.
tnfd-recommendations::LEAP-A1 · A1 Risk and opportunity identification →Take appropriate measures throughout development of advanced AI systems, including before deployment and before placing on the market, to identify, evaluate and mitigate risks across the AI lifecycle.
japan-ai-guidelines::HP.I · D-I. Risk identification, evaluation and mitigation across the lifecycle →Questions people ask about systemic risk
What is Systemic Risk?
Why is Systemic Risk important for compliance?
Which compliance frameworks address Systemic Risk?
Where can I learn more about Systemic Risk?
See how Systemic Risk applies across compliance frameworks
Our platform maps 1,016 frameworks with 316K cross-framework control mappings. Explore how this concept is addressed across standards.