Transfer risk definition

Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.[Reg. K, 68 FR 1159, Jan. 9, 2003] § 211.43 Allocated transfer risk re- serve.(a) Establishment of Allocated Transfer Risk Reserve. A banking institution shall establish an allocated transfer risk reserve (ATRR) for specified inter- national assets when required by the Board in accordance with this section.(b) Procedures and standards—(1) Joint agency determination. At least annually, the Federal banking agencies shall de- termine jointly, based on the standards set forth in paragraph (b)(2) of this sec- tion, the following:
Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.
Transfer risk means the possibility that an asset cannot be serviced in thecurrency of payment because of a lack of, or restraints on the availability of,needed foreign exchange in the country of the obligor.§ 347.303 Allocated transfer risk reserve.(a) Establishment of Allocated Transfer Risk Reserve. A bankinginstitution shall establish an allocated transfer risk reserve (ATRR) forspecified international assets whenrequired by the FDIC in accordance with this section.(b) Procedures and standards —(1)Joint agency determination. At leastannually, the federal banking agencies shall determine jointly, based on thestandards set forth in paragraph (b)(2) of this section, the following:

Examples of Transfer risk in a sentence

  • Transfer risk relates to the FBO’s ability to access and transmit U.S. dollars, which is an essential factor in determining whether an FBO can support its U.S. operations.

  • Transfer risk relates to the possibility of foreign governments placing restrictions on funds transfers from debtors in that country to creditors abroad.

  • Transfer risk relates to the possibility of foreign governments placing restrictions on funds transferred from debtors in that country to creditors abroad.

  • As well as following formal policies and procedures, control activities include the day-to-day making of informed decisions by appropriately qualified and experienced personnel to:• Accept risk,• Transfer risk to third parties,• Share risk with third parties, and• Withdraw from unacceptable risks.

  • Transfer risk is a credit risk attributable to the transfer of money from another country where a borrower is domiciled, and is affected by changes in the economic and political situation of the countries concerned.


More Definitions of Transfer risk

Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.[49 FR 5592, Feb. 13, 1984, as amended at 49FR 12197, Mar. 29, 1984; 58 FR 46076, Sept. 1,1993]
Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.[61 FR 19532, May 2, 1996, as amended at 63FR 57048, Oct. 26, 1998; 73 FR 22251, Apr. 24,2008]
Transfer risk. ( ) means a risk which is transferred from one party to another party by the use of risk management techniques;
Transfer risk shall have the meaning specified in paragraph 3(b).
Transfer risk means the risk that a Government will impose restrictions on thetransfer of funds by debtors in the country in question to foreign creditors, either for financial or other reasons. This risk is almost exclusively related to foreign currency exposure.
Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, Federal Reserve System § 211.43 needed foreign exchange in the country of the obligor.[Reg. K, 68 FR 1159, Jan. 9, 2003]
Transfer risk shall have the meaning set forth in Section 4.02(b). “U.S.” or “United States” shall mean the United States of America.