U.S. business-league identity
The Global Risks Alliance (GRA) is a nonprofit corporation registered in Nevada, United States, operating as a business league for the financial services industry. A business league is a membership organization of an industry that works to improve conditions for that industry as a whole. Its purpose is the common business interest, not the private business of any one member. This page explains what that identity means for GRA's activities, what it rules out and how its legal facts are published. See About GRA.
- 01InstitutionThe Global Risks Alliance (GRA)
- 02Service levelR0: information and enquiries
- 03In briefThe short answer
- 04Legal identityOrganized for the industry's common interest
- 05The modelWhat a business league does
- 06What the identity rules outNo regulated activity, no transaction
- 07Key termsTerms used on this page
GRA · Institution · service level R0
The short answer.
A business league is a membership organization of an industry that works to improve conditions for that industry as a whole, and GRA is one: a nonprofit corporation registered in Nevada, United States, for the financial services industry. Its purpose is the common business interest, not the private business of any member, and it carries out no regulated activity.
Mandate to authority.
Fig.How the platform is governed, from its mandate to the authorities who decide. Design, not a record.
Digital demand and connectivity in Indonesia.
Urban demand centres and the hubs that anchor digital and data infrastructure, shown for Indonesia as an example geography for this subject.
Organized for the industry's common interest.
| Fact | As published |
|---|---|
| Name | The Global Risks Alliance (GRA) |
| Form | Nonprofit corporation operating as a business league for the financial services industry |
| Registration | Nevada, United States |
| Address | 4500 Forbes Blvd., Suite 200, Lanham, MD 20706, United States |
| Consortium role | Finance, insurance and development-readiness interface |
GRA does not cite a tax code provision on this site until counsel confirms it. Further legal facts appear here when a record supports them.
What a business league does.
- 01
Common problems, shared work
GRA works on questions every institution faces and none can answer alone: correlated exposures, protection gaps, shared dependencies and the methods to measure them.
- 02
No bespoke services to members
GRA does not perform members' own credit, underwriting, investment or risk-management work for them. Its outputs are designed to serve the industry and the public, and are published where review and rights allow.
- 03
Competitors in one room, under rules
Because members compete, GRA's programmes are designed around competition-law safeguards that keep cooperation precompetitive. These safeguards are the design of GRA programmes, set out in a written competition policy that counsel reviews before membership opens.
- 04
Nonprofit purpose
GRA is not organized for profit. Any future membership contributions support its common purpose and are published with their issuer, currency, effective date and schedule.
No regulated activity, no transaction.
- No lending, underwriting, rating, investing or approval.
- No advice on, solicitation of or arrangement of any transaction, and no introduction of counterparties.
- No pay tied to any transaction, and no money held or moved for others.
- The detail is on Regulated-activity boundaries.
Terms used on this page.
Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.
| Term | Definition |
|---|---|
| Business league | Under United States tax law, an association of persons with a common business interest whose activities improve conditions in a line of business rather than perform services for individual members for profit. |
| Regulated activity | An activity, such as lending, insurance underwriting, investment advice or arranging deals, that the law allows only to authorized firms under supervision. |
| Antitrust safeguards | The written rules, agendas, minutes and counsel review that keep competitors in a trade association from exchanging competitively sensitive information or coordinating prices, output or customers. |
An industry membership.
Membership is designed for financial institutions and for professionals who work on financial risk; see Membership and participation. Supervisors and other public officials are not members, and take part in open work only in their official capacity. GRA's counterparts in the Consortium are separate organizations: The Global Centre for Risk and Innovation (GCRI), working across Canada and the United States.
Questions and answers.
What is a business league, and why is GRA one?
Does GRA speak for the financial industry?
Is GRA a charity?
Around GRA.
Start with an enquiry.
The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.