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 ?
Pasich LLP attorneys help clients reduce and transfer risk and recover full value from their insurance and risk management assets.
The license will enable AkinovA to transfer risk using an electronic trading platform, Winand said.
In our business, we help to manage and transfer risk. Our job begins by identifying risk for insureds lacking the intellectual training or time to anticipate risks that could place their businesses in financial jeopardy.
This approach aims to ensure a global and robust supply chain while minimizes the intra-company technology transfer risk associated with traditional approaches of using different suppliers.
This approach effectively ensures a global and robust supply chain while at the same time minimizes the intra-company technology transfer risk associated with traditional approaches of using different suppliers.
Take away all the other original plans for the ACA (Obamacare) like expansion of Medicaid and the creation of pools of insurers and there's nobody to whom to transfer risk. The system has failed.
I believe that you cannot transfer risk without transferring responsibility.
Do not transfer risk to the private sector that it can not manage.
"If you have a balance sheet that can handle a $10 million loss, you don't need it," she says, but it is a way to transfer risk in certain circumstances.
As a result, risk managers will have better data to understand opportunities to transfer risk and have access to more willing markets for that risk transfer.
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.
The vendor added that the move, which serves its plan for strategic repositioning and de-risking of the markets division, was seen to transfer risk management of, and/or market making for, up to GBP15bn (USD25bn/EUR18.2bn) of liabilities over time.