Fisheries management is essential to guarantee sustainable capture of target species and avoid undesirable declines of incidentally captured species. A key challenge is halting and reversing declines of shark and ray species, and specifically assessing the degree to which management is sufficient to avoid declines in relatively data-poor fisheries. While ecological risk analyses focus on intrinsic 'productivity' and extrinsic 'susceptibility', one would ideally consider the influence of 'fisheries management'. Currently, there is no single management evaluation that can be applied to a combination of fishery types at the scale of individual country or Regional Fisheries Management Organisations (RFMOs). Here, we outline a management risk (M-Risk) framework for sharks, rays, and chimaeras used to evaluate species' risk to overfishing resulting from ineffective management. We illustrate our approach with application to one country (Ecuador) and RFMO (Inter-American Tropical Tuna Commission) and illustrate the variation in scores among species. We found that while both management units assessed had similar overall scores, the scores for individual attributes varied. Ecuador scored higher in reporting-related attributes, while the IATTC scored higher in attributes related to data collection and use. We evaluated whether management of individual species was sufficient for their relative sensitivity by combining the management risk score for each species with their intrinsic sensitivity to determine a final M-Risk score. This framework can be applied to determine which species face the greatest risk of overfishing and be used by fisheries managers to identify effective management policies by replicating regulations from countries with lower risk scores.

Most of the international trade in fins (and likely meat too) is derived from requiem sharks (family Carcharhinidae), yet trade in only two of the 56 species is currently regulated. Here, we quantify catch, trade, and the shortfall in national and regional fisheries management (M-Risk) for all 56 requiem shark species based on 831 assessments across 30 countries and four Regional Fisheries Management Organizations (RFMOs). Requiem sharks comprise over half (60%) of the annual reported global Chondrichthyan catch with most species (86%) identified in the international fin trade. Requiem sharks are inadequately managed by fisheries, with an average M-Risk of half (50%) of an ideal score, consequently 70% of species are threatened globally. The high catch and trade volume and shortfall in management of these iconic species require worldwide fisheries management for sustainable catch, supported by full implementation of CITES regulations for international trade of this newly listed family.

While some sharks are subject to trade regulations, much of the international trade in fins (and likely meat too) is derived from requiem sharks (Carcharhinus spp). Here, we quantify catch, trade, and the shortfall in fisheries management (M-Risk) for 18 requiem shark species based on 230 assessments across 27 countries and four Regional Fisheries Management Organisations (RFMOs). Requiem sharks comprise one-third (~240,000 of 740,000 mt) of the annual global chondrichthyan catch and two-thirds (64%) of the fin trade of coastal sharks. They are inadequately managed, with an average M-Risk of 49% of an ideal score, consequently 71% of species are threatened globally. The high catch and trade volume and shortfall in management of these iconic species requires a global integrated improvement in fisheries management, supported by regulating international trade to sustainable levels.

Fisheries management is essential to guarantee sustainable capture of target species and avoid undesirable declines of incidentally captured species. A key challenge is halting and reversing declines of shark and ray species, and specifically assessing the degree to which management is sufficient to avoid declines in relatively data‐poor fisheries. While ecological risk analyses focus on intrinsic ‘productivity’ and extrinsic ‘susceptibility’, one would ideally consider the influence of ‘fisheries management’. Currently, there is no single management evaluation that can be applied to a combination of fishery types at the scale of individual country or Regional Fisheries Management Organizations (RFMOs). Here, we outline a management‐risk (M‐Risk) framework for sharks, rays and chimaeras used to evaluate species' risk of overfishing resulting from ineffective management. We illustrate our approach with application to one country (Ecuador) and RFMO (Inter‐American Tropical Tuna Commission) and illustrate the variation in scores among species. We found that while both management units assessed had similar overall scores, the scores for individual attributes varied. Ecuador scored higher in reporting‐related attributes, while the IATTC scored higher in attributes related to data collection and use. We evaluated whether the management of individual species was sufficient for their relative sensitivity by combining the management‐risk score for each species with their intrinsic sensitivity to determine a final M‐Risk score. This framework can be applied to determine which species face the greatest risk of overfishing and be used by fisheries managers to identify effective management policies by replicating regulations from countries with lower risk scores.

Some sharks and rays are subject to fisheries catch and international trade regulations. However, the Guitarfishes (family Rhinobatidae) are a highly threatened group with minimal regulations. Substantial underreporting of catch and broad commodity codes for traded products are masking the true volume of Guitarfishes included in international trade. Here, we collate international trade information for Guitarfishes that have not readily been documented in trade, possibly due to poor resolution of molecular genetic markers, to begin to document the extent of trade. We assess the shortfall in fisheries management (M-Risk) for all species of Guitarfish based on 99 assessments across 28 countries. Globally, Guitarfishes are inadequately managed, with an average M-Risk of 45% of an ideal score, resulting in 76% of species being threatened globally. The high and unregulated catch and trade volume, paired with the management shortfalls, require global integrated improvement in fisheries management, supported by regulating international trade to sustainable levels.