INMA S1.4.1 Market risk
(1) Market risk is the risk of loss resulting from adverse movement in the relative values of assets and liabilities because of changes in general market factors, such as interest rates, inflation and foreign exchange rates. Market risk includes asset-liability management risk.
(2) If an INMA firm is likely to be exposed to market risk, its risk management policy should include processes and procedures for identifying, assessing, managing and mitigating that risk.
|Derived from QFCRA RM/2014-4 (as from 1st January 2015).|