Code of practice and Counterparty risk: Difference between pages

Revision as of 12:06, 14 June 2016

The risk to each party to a contract that the counterparty will not meet its contractual obligations.

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+The risk to each party to a contract that the counterparty will not meet its contractual obligations.
-Relevant published and authoritative guidance not having direct legal effect.
-Codes of practice are not statements of law and there is no direct penalty for failing to comply with them, but courts and tribunals will take any relevant codes of practice into account when making legal decisions.
+== See also ==
+*[[Credit risk]]
+*[[Risk]]
+*[[Guide to risk management]]
+*[[Cash in the new post-crisis world]]
+*[[Putting a limit on losses]]
-Sometimes known as codes of conduct.
+===Other links===
+*[http://www.treasurers.org/node/8928 Treasury essentials: Counterparty risk, The Treasurer, April 2013]
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+*[http://www.treasurers.org/node/7758 Counterparty credit risk, Will Spinney, ACT 2012]
-A Code of Practice is a document issued by the UK Pensions Regulator providing practical guidelines on the requirements of pensions legislation and setting out standards of conduct and practice expected of those who must meet these requirements.
+[[Category:Manage_risks]]
-==See also==
-* [[ACT Ethical Code]]
-* [[Code]]
-* [[Guidance]]
-* [[Technical provisions]]
-* [[UK Corporate Governance Code]]
-* [[Code of conduct]]
-[[Category:Ethics_and_corporate_governance]]