Other price risk
From ACT Wiki
Jump to navigationJump to search
Financial reporting - financial instrument disclosures
Price risk which is neither interest rate risk, nor exchange rate risk.
IFRS 7 defines 'other price risk' - for the purposes of reporting under IFRS 7 - as the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices (other than those arising from interest rate risk or currency risk), whether those changes are caused by factors specific to the individual financial instrument or its issuer or by factors affecting all similar financial instruments traded in the market.
