The Financial Policy Committee (FPC) will have overall responsibility for financial regulation and monitoring the risks of the financial sector to the economy.
One under-reported but highly significant aspect of the whole extraordinary incident is that Mr Dimon announced that he was abandoning a new financial system for monitoring the risks run by the Chief Investment Office and reverting to the old one - because the new model was chronically understating the potential losses the bank could have generated on any given day.
"It is fundamental that prescription medication is supplied safely with careful and continuous monitoring of any risks of misuse or particular vulnerabilities associated with the individual, " the report states.
The leveraging of anti-money laundering monitoring processes to address bribery risks should be considered when developing an effective approach to monitoring for bribery.
FORBES: Creating Efficiencies In Your Anti-Corruption Compliance Program
Power points to the risks associated with monitoring: 51% of consumers simply do not want companies to eavesdrop on their conversations and 43% believe that monitoring is an intrusion on their privacy.
The former Labour cabinet minister said the process was capable of causing environmental risks, but with careful monitoring these may be overcome.
The principle risks of Diprivan come from improper monitoring of the patient's breathing, Vila said.
And it points out that other methods of waste disposal, like putting it in landfills, can pose health risks, and it urges more frequent monitoring of dioxins from incinerators.
And yet the Deloitte study found that while executives recognize the importance of continuous monitoring, fewer than a quarter of respondents said that most risks in their companies are continuously monitored.
FORBES: Social Media Risk Is Like Wildfire. Where's the Fire Engine?
So in the end, the FACT Act may steer consumers towards buying more credit monitoring services, as they become more aware of the credit risks and limitations of looking at one credit report per year, says Jim Bruene, publisher of the Online Banking Report, an industry newsletter.
She said that having an EU-wide system of reporting and monitoring of side effects would be a more effective way of flagging up potential risks and avoiding similar health problems in the future.
The disclosure that it was Mr Adoboli's decision to inform his colleagues of his actions that set alarm bells ringing at UBS, rather than its own monitoring system, will add to concerns that investment banks simply aren't capable of controlling the huge risks that their traders take.
From now on it will take a lead role in co-ordinating and monitoring tougher financial regulations and serve (along with the IMF) as an early-warning system for emerging risks.
应用推荐