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7 Cards in this Set
- Front
- Back
RISK |
effect of uncertainty on objectives |
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Credit Risk |
Exposure to loss on a financial transaction, or reduction on security markets value because of a decline in the credit of the issuer. |
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Market Risks |
movements in the level of volatility of market prices, securities, commodities and currencies. |
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Operational Risks |
deficiencies in company management of information, support, and control of systems and procedures. |
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Environmental Risks |
Impact from the environment. |
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Political & Economic |
the poli - eco environment it operates in. |
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4 ways to deal with risks |
AVOIDANCE-CONTROL-RETENTION-TREATMENT |