Tag: Funding without operational risk

TPG2022 Chapter I paragraph 1.117

As stated in paragraph 6.61, “where a party providing funding exercises control over the financial risk associated with the provision of funding, without the assumption of, including the control over, any other specific risk, it could generally only expect a risk-adjusted rate of return on its funding.” (See paragraphs 1.85 and 1.103) ...

TPG2020 Chapter I paragraph 1.117 NEW 

As stated in paragraph 6.61, “where a party providing funding exercises control over the financial risk associated with the provision of funding, without the assumption of, including the control over, any other specific risk, it could generally only expect a risk-adjusted rate of return on its funding.” (See paragraphs 1.85 and 1.103) ...