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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 Tropic