The bank has policies and processes to identify, measure, evaluate, monitor, report and control or mitigate country risk (loss from events in a foreign country, broader than sovereign risk) and transfer risk (a borrower unable to convert local into foreign currency for debt service, usually through exchange restrictions) in its international lending and investment, on a timely basis, consistent with its profile, systemic importance and appetite and giving a bank-wide view. Exposures, including intragroup exposures where relevant, are managed by region and country as well as by end borrower, developments are monitored and countermeasures applied. The board approves and regularly reviews country and transfer risk strategies and policies and oversees them. Information, risk management and control systems aggregate, monitor and report country exposures on time and enforce country limits. Provisions against country and transfer risk are set under the supervisor's chosen approach (fixed percentages, supervisor-set ranges, or the bank's own methodology judged by the auditor or supervisor).
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.