What Is Jurisdiction Risk?

Finance
#1

The danger of operating in a foreign jurisdiction is referred to as jurisdiction risk. Simply doing business or lending money in another nation might expose you to this danger. In recent years, the focus of jurisdiction risk has shifted to banks and financial institutions that are exposed to the possibility that some of the nations in which they operate are high-risk regions for money laundering and terrorist financing.

#2

  1. The official power to make legal decisions and judgments."federal courts had no jurisdiction over the case "Similar: authority control power dominion rule administration command sway leadership sovereignty ascendancy hegemony mastery say influence the extent of the power to make legal decisions and judgments

  2. The claim will be within the jurisdiction of the industrial tribunal

  3. A system of law courts; a judicature.