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| 1.
| | Public Sector Entity. |
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| A tendency of managers of large financial firms to take excessive risks, knowing (or expecting) that their business will be saved by the authorities.
| | PSEs include non-commercial entities sponsored and guaranteed by central or local government, as well as entities under direct ownership. |
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| Banking supervision reforms, including Basel III, are designed to reduce moral hazard of this kind.
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| | | ==See also== |
| 2.
| | *[[Corporate]] |
| | | *[[Covered bond]] |
| The tendency of some insured individuals or businesses to take excessive risks, that they would not have taken if they had not been insured.
| | *[[Credit risk]] |
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| The risk that a party has not entered into a contract in good faith, or has provided misleading information.
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| For example, an insured may attempt to take unfair advantage of an insurer or other guarantor by suppressing information relevant to the assessment of a risk, or by not acting in accordance with the terms of a policy.
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| UK pensions legislation contains a number of clauses specifically designed to reduce the risk of moral hazard.
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| == See also == | |
| * [[ACT Ethical Code]] | |
| * [[Agency risk]] | |
| * [[Anti-selection]] | |
| * [[Basel III]]
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| * [[Financial Stability Board]]
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| * [[Pension Protection Fund]]
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| * [[Too Big To Fail]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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Revision as of 19:03, 13 August 2016
Public Sector Entity.
PSEs include non-commercial entities sponsored and guaranteed by central or local government, as well as entities under direct ownership.
See also
