Intra-group Support

From Open Risk Manual

Definition

Intra-group support consists of various types of support measures, in particular capital and liquidity support measures, extended between entities within a group in times of stress or unexpected loss. [1]

Intra-group support measures are

  • legally enforceable commitments for financial assistance or assurance made by one group entity (usually a parent) upon which another group entity (usually a subsidiary) can call in times of stress or unexpected loss
  • or commitments which regulators would regard as reliable means of support.

References

  1. BCBS, Report on intra-group support measures, February 2012