Designated investment firm and Devaluation: Difference between pages

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''Bank regulation and supervision.''
1.  ''Foreign exchange risk.''


In the UK, the Prudential Regulation Authority (PRA) defines a designated investment firm as one which:
A substantial decline in an exchange rate, usually effected in one go by government decree.
*Has, or has applied for, permission to deal in investments as principal; and
*Meets minimum amount capital requirements; and
*Qualifies under the PRA’s designation criteria.




The term 'designated investment firm' is sometimes used interchangeably with 'broker-dealer'.
2.  ''Perception of value.''
 
A reduction in the estimation - or perception - of the worth of something.




== See also ==
== See also ==
* [[Broker]]
* [[Currency risk]]
* [[Broker-dealer]]
* [[Exchange rate]]
* [[Dealer]]
* [[Foreign exchange risk]]
* [[Investment bank]]
* [[Lagging]]
* [[Price discovery]]
* [[Leading]]
* [[Principal]]
* [[Plaza Accord]]
* [[Proprietary trading]]
* [[Value]]
* [[Prudential Regulation Authority]]
 
 
 
==External link==
 
[http://www.bankofengland.co.uk/pra/Pages/authorisations/designatedfirmslist.aspx PRA designated firms list]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Identify_and_assess_risks]]
[[Category:The_business_context]]
[[Category:Manage_risks]]
[[Category:Investment]]

Latest revision as of 17:49, 8 December 2021

1. Foreign exchange risk.

A substantial decline in an exchange rate, usually effected in one go by government decree.


2. Perception of value.

A reduction in the estimation - or perception - of the worth of something.


See also