Financial Resources Requirement

Financial Resources Requirement
( FRR)
A calculation of the capital required by an investment business to withstand the risks that it is taking. The calculation differs between ISD and non-ISD firms, but will always require that provision ( provisions) is made for bad debts and the risks inherent in the firms proprietary/principal positions. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

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  • financial resources requirement — ( FRR) A calculation of the capital required by an investment business to withstand the risks that it is taking. The calculation differs between ISD and non ISD firms, but will always require that provision ( provisions) is made for bad debts and …   Financial and business terms

  • financial resources — ( FR) A conservative measure of the capital of an investment business. The capital adequacy rules require that the financial resources must at all times exceed the financial resources requirement. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • counterparty risk requirement — ( CRR) A component of the financial resources requirement for both ISD and non ISD firms. The CRR requires that timely provision is made in case of bad debts/non deliveries. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • foreign exchange requirement — ( FER) A component of the financial resources requirement for ISD firms. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • large exposure requirement — ( LER) A component of the financial resources requirement for ISD firms. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • position risk requirement — ( PRR) A component of the financial resources requirement for both ISD and non ISD firms. The PRR represents the likely risk of the firms principal positions. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • primary requirement — A component of the financial resources requirement for both ISD and non ISD firms. It is broadly related to the running exposures of the firm. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • secondary requirement — An additional component of the financial resources requirement for ISD firms that may be levied at the discretion of SFA. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • Financial planner — A financial planner or personal financial planner is a practicing professional who helps people deal with various personal financial issues through proper planning, which includes but is not limited to these major areas: cash flow management,… …   Wikipedia

  • Financial market — Finance Financial markets Bond market …   Wikipedia

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