Third-party exposureThird-Party RiskThird-party risk is the exposure created by a relationship with an external organisation or person.
Third-party exposureSupplier RiskSupplier risk concerns the potential disruption or loss associated with a supplier relationship.
Third-party exposureCounterparty RiskCounterparty risk is the risk that the other party fails to fulfil relevant obligations in a transaction or relationship.
Third-party exposureCountry RiskCountry risk concerns factors associated with a country that can affect a relationship or transaction.
Third-party exposureConcentration RiskConcentration risk arises when exposures are overly dependent on a shared party, group, geography or other factor.