Transfer risk

Transfer risk

The risk associated with the possibility of a currency not being able to be sent out of the country, usually due to central bank restrictions or a national debt rescheduling.

Transfer Risk

In international trade, the risk that a transaction cannot take place because a government or central bank will not allow currency to leave a country. For example, a government may theoretically declare that its currency is inconvertible, disallowing a transaction. Alternatively, a government may restructure its national debt service in such a way that it affects transfers of currency out of the country. See also: Political risk.
References in periodicals archive ?
The ACIS program allows Freddie Mac to obtain insurance policies that transfer risk to insurance and reinsurance firms, which is a part of the credit risk attached to the debt note reference pools in Freddie Mac s Structured Agency Credit Risk (STACR) program.
About Risk Transfer Risk Transfer is the premier risk management and financial services firm serving the aggregated enterprise community.
Topics include advances in modeling and mapping tools that help insurers understand and transfer risk from this peril in a manner similar to other catastrophic perils; opportunities for business growth enabled by these advances; and the evolving market impact of uncertain regulatory changes.
Reflex Marine's client support manager Robin Proctor delivered a presentation with a focus on marine transfer risk awareness and the impacts of the new NORSOK R-002 standard.
Hospitals, MCOs and ACOs are looking to transfer risk related to asset deployment, regulations, the law, and profits and losses, noted Ken Lund, chief executive officer of Shea Family in San Diego, an 80-year-old company that offers a continuum of services including independent living, home healthcare, meal delivery, transportation, assisted living, skilled care and hospice.
The Aon Hewitt Corporate Exchange is a viable alternative for companies searching for solutions that can reduce cost, transfer risk to insurers, empower employees to make smarter health care choices and create a more sustainable health care benefit programme.
Sept 5 (Reuters) - Sales of catastrophe bonds, which let reinsurers and insurers transfer risk to capital markets, have reached a four-year high and are expected to hit $6 billion by the end of the year, Aon Benfield said on Wednesday.
GETCO is a global electronic trading and technology firm focused on helping investors efficiently transfer risk.
Kroll Factual Data assesses consumer data to help clients more accurately evaluate loan characteristics, transfer risk and increase safety and soundness.
This workshop will examine commercial contracts by focusing on provisions that transfer risk between the contracting parties.
What this imbroglio - like many a Railtrack and Channel Tunnel before it - has shown is that privatisation doesn't transfer risk, it only transfers profit.