Financial stability is a priority of a financial system that identifies financial imbalances that occur endogenously in financial markets or as a result of adverse and unpredictable events. The consequences of global financial crises are expressed not only in losses and bankruptcies of financial institutions. They initiate new problems of a substantial, methodological nature, which the world community must solve. One is the formation of systemic financial risk management theory and methodology as a global threat to the stability of the global financial system. The purpose of the research is the analysis of methods and methodologies regarding the identification of financial risks. The topicality of the study is argued by the fact that in order to ensure financial stability, an efficient mechanism for evaluating and monitoring financial indicators is needed.