TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PRUDENT PERSON APPROACH [1 record]

Record 1 1996-02-28

English

Subject field(s)
  • Financial and Budgetary Management
CONT

All companies are to set out in writing their internal policies on large exposures, including exposures to individual customers, financial institutions, and countries. These policies are also a requirement of the Prudent Person Approach, guideline B-1. [Office of the Superintendent of Financial Institutions].

French

Domaine(s)
  • Gestion budgétaire et financière
CONT

Toutes les sociétés doivent énoncer par écrit leur politique à l'égard des engagements importants, y compris en ce qui touche les prêts consentis aux particuliers, à d'autres institutions financières et à des pays. L'établissement de cette politique fait aussi partie des exigences de la Ligne directrice sur la méthode de la gestion prudente (B-1). [Bureau du surintendant des institutions financières].

Spanish

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