Currency risk and UK: Difference between pages

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The risk of losses or other adverse effects resulting from a change in a foreign exchange rate, or from other unfavourable changes in relation to a foreign currency.  
1. ''Political - noun.''


Abbreviation for the United Kingdom.


Examples include:
The United Kingdom, formally and in full, is the United Kingdom of Great Britain and Northern Ireland.


*A final receipt/payment of a different amount of domestic currency equivalent, than expected when a currency transaction was committed to (transaction risk)
*A change in asset/liability values in a balance sheet, profit/loss in an income statement (translation risk)
*A change in competitiveness as rates change relative to buyers, suppliers or competitors (economic risk).


2.  ''Adjective - qualifier.''


A more complex area of foreign exchange risk concerns contingent, or pre-transaction risk.
Designating that something relates to the UK, for example UK Export Finance or UK GAAP (generally accepted accounting practice).




Also known as Currency exposure or Foreign exchange risk.
3. ''Brexit - European Union (EU) - Regulations - retained EU law.''


Designating a domestic UK version of a regulation - for example UK GDPR - originally derived from an EU Regulation, for example the GDPR.


== See also ==
Depending where they do business, organisations may need to comply both the domestic UK version and the EU Regulation.
* [[Contingent risk]]
* [[Cross-currency interest rate swap]]
* [[Currency]]
* [[Currency management]]
* [[Redenomination risk]]
* [[Foreign exchange risk]]
* [[Transaction exposure]]
* [[Translation exposure]]




===Other links===
== See also ==
[http://www.treasurers.org/node/5281 Currency risk, Will Spinney, ACT 2009]
* [[Brexit transition period]]
* [[Brussels]]
* [[EMIR]]
* [[EU 27]]
* [[European Community ]]
* [[Financial Fraud Action UK]]
* [[GDPR]]
* [[Regulation]]
* [[Retained EU law]]
* [[Single Market]]
* [[UK EMIR]]
* [[UK Export Finance]]
* [[UK GAAP]]
* [[UK GDPR]]
* [[UK MAR]]
* [[UK MiFIR]]
* [[UK plc]]
* [[UK Securities Financing Transactions Regulation]]
* [[United Kingdom]]
__NOTOC__


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]
[[Category:Trade_finance]]

Revision as of 04:49, 8 July 2021

1. Political - noun.

Abbreviation for the United Kingdom.

The United Kingdom, formally and in full, is the United Kingdom of Great Britain and Northern Ireland.


2. Adjective - qualifier.

Designating that something relates to the UK, for example UK Export Finance or UK GAAP (generally accepted accounting practice).


3. Brexit - European Union (EU) - Regulations - retained EU law.

Designating a domestic UK version of a regulation - for example UK GDPR - originally derived from an EU Regulation, for example the GDPR.

Depending where they do business, organisations may need to comply both the domestic UK version and the EU Regulation.


See also

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