Statements (16)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
financial risk
|
| gptkbp:alsoKnownAs |
settlement risk
|
| gptkbp:category |
counterparty risk
|
| gptkbp:cause |
losses due to time zone differences
|
| https://www.w3.org/2000/01/rdf-schema#label |
Herstatt risk
|
| gptkbp:mitigatedBy |
CLS Bank International
payment-versus-payment systems |
| gptkbp:namedAfter |
Bankhaus Herstatt
|
| gptkbp:notableEvent |
Bankhaus Herstatt failure in 1974
|
| gptkbp:occurredIn |
one party to a transaction delivers the currency it sold but does not receive the currency it bought
|
| gptkbp:relatedTo |
international banking
cross-border payments foreign exchange transactions |
| gptkbp:bfsParent |
gptkb:Herstatt_Bank_failure
gptkb:CLSSettlement |
| gptkbp:bfsLayer |
7
|