04
Feb
Legal risk and it’s sources [foundation]
by suzanne
AIM: Describe legal risk and its sources.
Legal risk arises from exposure to fines, penalties or punitive damages resulting from supervisory actions, as well as private settlements
Examples
- Counterparties sue to invalidate credit losses [related to credit risk]
- Shareholders lawsuits against corporations
Comments
Be the first to leave a comment!
Leave a Comment