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As an extreme example, when considering a scenario that involves depegging in a country with a currency board regime, models estimated on past data are likely to say very little about the impact of the exchange rate change on credit risk.
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ICS risk charges, for example following a court decision, a general and potentially legally enforceable opinion emerges that a specific product or substancecauses observed or potential future adverse effects such as bodily injury, property damage or environmental damage.
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West Point Government announced an overhaul to the shared ownership scheme.