Status: You are viewing the version of the handbook as on 2012-12-13.

specific risk

      1. (1) (in SYSC) unique risk that is due to the individual nature of an asset and can potentially be diversified.45
      1. (2) (in GENPRU and BIPRU and in accordance with paragraph 12 of Annex I of the Capital Adequacy Directive) the risk of a price change in an investment due to factors related to its issuer or, in the case of a derivative, the issuer of the underlying investment.45