Conservation species—common skate and cuckoo ray). Principal fishery—demersal trawl and seine fleet. Low effort is defined as ≤ 10% of fishing effort in 1990) between 9 strategies each fishing at Fmsy by 2020. The contrast between bars 1, 2 and 7 shows the change in risk due to change in discard regulation options only as each is safeguarded by HCR Type 4. Bars 3 and 4 contrast the change in risk when the safeguard as applied in column 7, is either removed or altered to HCR Type 1 (See Fig 4). Bars 5 and 8 demonstrate the effect of a management strategy focused on reducing risk to the depletion of cod (‘Cod god’ strategy, see text, using HCR Type 1 and 4 respectively). Bars 6 and 8 demonstrate the effect of a management strategy focused on reducing risk to the depletion of skates and rays (‘Save the rays’ scenarios, see text, using HCR Type 1 and 4 respectively).