Invisible FX and Jurisdiction: Difference between pages

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''Foreign exchange - pricing.''
1. ''Law''.


Abbreviation for invisible FX transactions.
The legal authority of a court to try cases and rule on legal matters within a particular geographic area and/or over certain types of legal cases.


In the organisational context, invisible FX transactions are low-value FX transactions that are not visible to the organisation before committing to pricing.
Jurisdiction is very important for the practical enforceability of legal rights, for example contractual rights.




:<span style="color:#4B0082">'''''How to improve FX pricing'''''</span>


:"Most corporate treasuries have done a good job of eliminating the margins on high-value cross-currency payments through the use of ECNs, FX platforms and shopping around key FX players.  
2.


:They tend to have a minimum threshold, say £100k, above which cross-currency payments are considered a 'trade' and are booked via the central treasury team.  
Similar legitimate rights enjoyed by law enforcement agencies, for example the police of a particular state.


:However, cross-currency payments below that threshold, usually low-value but high volume, often fall into the 'black hole' in terms of price transparency – the ‘invisible FX’."


:''Invisible FX - Barclays Bank.''
3.  


The geographical or other area which is subject to a particular legal system or the authority of its law enforcement agencies, or more usually both. 


== See also ==
For example, a country.
*[[Counterparty]]
 
*[[Electronic communication network]]  (ECN)
 
*[[Execution]]
4.
*[[Foreign exchange]] (FX)
 
*[[Platform]]
In relation to tax, a geographical or other area which is subject to a particular tax system or its tax authorities, or both.  
*[[Price transparency]]
 
*[[Transparency]]
For example, a country or a state, or indeed any authority which has legitimate powers to levy tax.
*[[Visibility]]




==External link==
== See also ==
*[https://www.barclayscorporate.com/insights/fx/invisible-fx/ Barclays Bank - Invisible FX]
* [[Capacity]]
* [[Contract]]
* [[Court]]
* [[Extraterritorial jurisdiction]]
* [[Governing law]]
* [[Law]]
* [[Legislation]]
* [[Non-cooperative tax jurisdiction]]
* [[Proper law]]
* [[Regime]]
* [[Regulation]]
* [[Repatriated]]
* [[Resident]]
* [[Secrecy jurisdiction]]
* [[State]]
* [[State immunity]]
* [[Tax]]


[[Category:Cash_management]]
[[Category:Compliance_and_audit]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 16:55, 5 July 2022

1. Law.

The legal authority of a court to try cases and rule on legal matters within a particular geographic area and/or over certain types of legal cases.

Jurisdiction is very important for the practical enforceability of legal rights, for example contractual rights.


2.

Similar legitimate rights enjoyed by law enforcement agencies, for example the police of a particular state.


3.

The geographical or other area which is subject to a particular legal system or the authority of its law enforcement agencies, or more usually both.

For example, a country.


4.

In relation to tax, a geographical or other area which is subject to a particular tax system or its tax authorities, or both.

For example, a country or a state, or indeed any authority which has legitimate powers to levy tax.


See also

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