1.0CFA, FRM, and Actuarial Exams Study Noteshttps://analystprep.com/study-notesCounterparty Risk | AnalystPrep - FRM Part 2 Study Notesrich600338<blockquote class="wp-embedded-content" data-secret="JFkrK1ApqZ"><a href="https://analystprep.com/study-notes/frm/counterparty-risk/">Counterparty Risk and Beyond</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://analystprep.com/study-notes/frm/counterparty-risk/embed/#?secret=JFkrK1ApqZ" width="600" height="338" title="“Counterparty Risk and Beyond” — CFA, FRM, and Actuarial Exams Study Notes" data-secret="JFkrK1ApqZ" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://analystprep.com/study-notes/wp-content/uploads/2018/09/rawpixel-656709-unsplash.jpg23473000When one party enters into a financial agreement with another, then the risk that an entity with whom the party has entered into the agreement will fail to honor their part of the bargain is referred to as the counterparty risk.