Political risk involves the exposure of an institution to events in a country that are likely to affect its operations. The more countries in which the institution operates, the greater the political risk. The risk is multiplied where countries are unstable, or likely to be so. Banks have built global networks believing that political risk would decline as economic globalisation increased. Recent developments suggest such confidence is waning.
These have occurred on two fronts. The unexpected sc
The week on Risk.net, October 6-12, 2017Receive this by email
- SGX, HKEX expect to be among first wave of Mifid II equivalence
- Leaked EU doc could shield legacy swaps from clearing grab
- ABS set for revival under US Treasury’s liquidity buffer plans
- Quantile, TriOptima face off in cleared swaps compression battle
- Quants stymied by lack of alternative risk premia flows data