NRSRO and Political risk: Difference between pages

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''US''.
''Risk management''


Nationally Recognised Statistical Rating Agency.
The risk of adverse consequences arising from the actions of governments or of governmental agencies.


A [[credit rating agency]] (CRA) in respect of the opinions of which the US [[Securities and Exchange Commission]] has issued a [http://www.sec.gov/answers/noaction.htm no-action letter] relating to use of those opinions by regulated bodies for various regulatory purposes.


The US was a pioneer of recognising particular CRAs.  
The term may also extend to the consequences of the failure of government, or of a regime change.  


This wider concept is sometimes known as '[[geopolitical risk]]'.


==Other links==


* The [[SEC]]'s [http://www.sec.gov/ocr#.VN4st09yY7I Office of Credit Ratings]
<span style="color:#4B0082">'''''Promising outlook despite populism risks'''''</span>
 
:"Despite serious political risks linked to populism on both sides of the Atlantic, the growth outlook looks very promising indeed."
 
:''The Treasurer magazine, March 2017, p17 - Kallum Pickering, senior UK economist, Berenberg Bank.''
 
 
 
== See also ==
* [[Country risk]]
* [[Redenomination risk]]
* [[Event risk]]
* [[Geopolitical risk]]
* [[Populism]]
 
[[Category:Financial_risk_management]]

Revision as of 11:23, 18 March 2017

Risk management

The risk of adverse consequences arising from the actions of governments or of governmental agencies.


The term may also extend to the consequences of the failure of government, or of a regime change.

This wider concept is sometimes known as 'geopolitical risk'.


Promising outlook despite populism risks

"Despite serious political risks linked to populism on both sides of the Atlantic, the growth outlook looks very promising indeed."
The Treasurer magazine, March 2017, p17 - Kallum Pickering, senior UK economist, Berenberg Bank.


See also