ISO 31000 and Netting centre: Difference between pages

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''International Organization for Standardization (ISO).''
An essential part of a multilateral netting system.


ISO 31000 is the international standard: ''Risk management: guidelines''.
The netting centre acts as a counterparty to all of the participants in the multilateral netting system.


In a group of companies, the netting centre is usually operated by the central or regional treasury centre.


It defines risk as:


"the effect of uncertainty on objectives."
The netting centre typically handles all foreign exchange exposures as well as foreign exchange trading.




==See also==
== See also ==
* [[ISO]]
* [[Counterparty]]
* [[Risk]]
* [[Multilateral netting]]
* [[Risk management]]
* [[Multilateral net settlement system]]
 
* [[Netting]]
 
* [[Payments and payment systems]]
===Other links===
* International Organization for Standardization - http://www.iso.org/iso/home.htm
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Financial_risk_management]]

Revision as of 08:16, 24 May 2015

An essential part of a multilateral netting system.

The netting centre acts as a counterparty to all of the participants in the multilateral netting system.

In a group of companies, the netting centre is usually operated by the central or regional treasury centre.


The netting centre typically handles all foreign exchange exposures as well as foreign exchange trading.


See also