Workshop on ICES Reference Points (WKREF1)

The ICES Workshop on ICES reference points (WKREF1) was tasked to provide a thorough review of the ICES reference points system as a basis to re-evaluate the process for estimating, updating and communicating reference points in the context of the ICES advice. As part of the preparation leading to WKREF1 a large database of the most recent assessment outputs for 78 Category 1 stocks were collated in the form `FLStock` objects, which formed the basis for several components of the presented analyses. The first part of the meeting involved a detailed overview of the history and basis of the ICES references points system, which was aligned with the results of an empirical review of the procedures and choices made to derive ICES reference points for category 1 stocks. The ICES procedures were then contrasted with those used in the USA, Canada, New Zealand and across tuna Regional Fishery Management Organizations. A limitation in terms of transparency of the ICES procedures is a lack of complete documentation of the settings used for deriving reference points using, e.g., the EQSIM software. In comparison to other international standards, the main differences identified include the absence of a target biomass reference point and inconsistent estimates of the limit biomass reference point Blim, which is estimated to be below 10% of the unfished biomass (B0) for a high proportion of analysed stocks (around 50%). In addition, an important difference is that direct estimates of FMSY are used in ICES (which can be unreliable), whereas elsewhere FMSY is often replaced by more conservative biological proxies, such as Fspr% and FB%. The second part focused on the robustness evaluation of the current ICES reference point system. Work presented included examples that demonstrate differences in reference point estimates between standard ICES procedures (EQSIM) and full Management Strategy Evaluation (MSE) simulations, and a study th