Start learning 50% faster. Sign in now
The legal risks primarily arise either due to lack of clarity of the documentation of the product or the act of the counterparty. Change in legal environment due to legislative changes and Court interpretations/proceedings also result in legal risk. Legal risk includes risk of non-enforceability of contract or in-correct documentation resulting in the increased probability of loss. Broadly, legal risks may result in (i)Â Â Â Â Â claims against institution, (ii)Â Â Â Â fines, penalties, punitive damages, (iii)Â Â Â unenforceable contracts resulting from defective documentation, and (iv)Â Â loss of institutional reputation
How much will Indian Bank raise through the issuance of longterm infrastructure bonds as reported in September 2024?
What technology was launched at the National Zoological Park in Delhi to improve water quality?
Where is the Millets Fair Cum – Exhibition being held?
Which two initiatives were virtually inaugurated by Union Minister Shri Dharmendra Pradhan?
When did Prime Minister Narendra Modi release the 17th instalment of about Rs 20,000 crore under the PMKISAN scheme?
What is the significance of the International Volunteers Day observed on December 5th?
Who was honored with honorary membership by the Melbourne Cricket Club (MCC)?
According to recent RBI and SEBI guidelines, what must foreign portfolio investors (FPIs) do if their equity holdings exceed prescribed limits?