Difference between revisions of "Counterparty Group"

From Open Risk Manual
 
 
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* [[Credit Risk Hierarchy]]
 
* [[Credit Risk Hierarchy]]
 
* [[Related Counterparties]]
 
* [[Related Counterparties]]
 
== References == 
 
<references />
 
  
 
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Latest revision as of 16:18, 11 March 2023

Definition

Counterparty Group is legal entities that represents a collection of corporate entities that are strongly correlated (dependent) due to economic and legal relations. (Also Connected Counterparties or Related Counterparties)

Example

For an example of a complex counterparty group and the issues arizing in the context of a Credit Event see Thomas Cook Group.

See Also