specific risk
- (1) (in SYSC) unique risk that is due to the individual nature of an asset and can potentially be diversified.45
- (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