Lawful handoffs
Good preparation is lost when it reaches the wrong party or arrives without its limits. A handoff is the documented release of a readiness dossier by The Global Risks Alliance (GRA) to a competent regulated party, made only at the programme owner's written direction, to a party the owner chooses. The receiving party reviews the dossier independently and decides under its own authority. GRA introduces no one, recommends no counterparty and takes no fee tied to any transaction. This step closes Finance and insurance readiness.
- 01In briefThe short answer
- 02The serviceDocumented release for review
- 03Receiving partiesWhat each kind of reviewer does next
- 04Competition lawWhy handoff is one-to-one
- 05SequenceFour steps, each one recorded
- 06Who receivesCompetent parties, deciding under their own authority
- 07BoundariesWhy the handoff is lawful by design
GRA · Institution · service level R0
The short answer.
A lawful handoff is the documented release of a GRA readiness dossier to a competent regulated party, made only at the programme owner's written direction to a party the owner chooses. The receiving party reviews it independently and decides under its own authority; GRA introduces no one and takes no transaction-based pay.
Financial centres and urban exposure in Canada.
The cities where people, assets and financial activity concentrate, shown for Canada as an example geography for this subject.
Documented release for review.
| Element | As designed |
|---|---|
| For | Programme owners and competent institutions |
| Problem | Good preparation is lost when it reaches the wrong party or arrives without its limits |
| Work | At the programme owner's written direction, release the dossier to a competent party that the owner chooses, with a record of what was released and on what terms |
| You receive | A release record |
| You contribute | The written direction naming the receiving party, and that party's agreement to review |
| Never | An introduction, a recommended counterparty, a placement, a fee tied to any transaction or an expectation of approval |
What each kind of reviewer does next.
| Receiving party | Its own process | What the handoff must not do |
|---|---|---|
| Development lender | Project appraisal, safeguards categorisation, credit approval | Pre-empt categorisation or imply an approval |
| Insurer or reinsurer | Underwriting, pricing and capacity decisions under its own licence | Carry a price, a rate-on-line or a placement |
| Bank | Credit committee and collateral valuation | Present a lending recommendation |
| Ministry of finance | Budget, debt management and procurement under public law | Name a provider or instrument as preferred |
Why handoff is one-to-one.
A dossier goes to the party the owner names, one at a time or in parallel by the owner's choice, never through a GRA meeting of competitors. That keeps price, capacity and terms out of any collective setting, consistent with GRA's competition and antitrust safeguards. Governance of the wider handover between public and private actors is discussed at GRF private-public cooperation.
Four steps, each one recorded.
- 01
Written direction
The programme owner names, in writing, the party that should receive the dossier. GRA does not suggest one.
- 02
Agreement to review
The receiving party agrees to review the dossier and to the terms on which it receives the data.
- 03
Release with limits
The dossier goes out with its version, evidence labels, open questions and any restrictions on use or onward sharing.
- 04
Release record
GRA keeps a record of what was released, to whom, when and on what terms. Its role ends there.
Competent parties, deciding under their own authority.
Banks and development lenders
Review credit questions under their own mandates and criteria.
Licensed insurers and reinsurers
Review exposure and protection-gap evidence under their own underwriting authority.
Public finance and supervisors
May use evidence they receive or that is published; no participant gains privileged access to any authority.
GRA can describe the kinds of institution that usually review such questions. It never solicits, introduces or recommends a particular lender, insurer or investor.
Why the handoff is lawful by design.
- No introduction of counterparties and no negotiation, arrangement, placement or execution of any transaction.
- No pay tied to any transaction, and no money held or moved for anyone.
- No assurance that the receiving party will proceed.
- The wider line is drawn on Regulated-activity boundaries and Non-execution boundary.
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 |
|---|---|
| Lawful handover | Transfer of assets, records and responsibilities to a receiving institution with signed acceptance. |
| Regulated activity | An activity, such as lending, insurance underwriting, investment advice or arranging deals, that the law allows only to authorized firms under supervision. |
| Competent authority | The body that a law or regulation designates to exercise a given power or duty, such as a supervisor, a civil protection agency or a ministry; only it can take the decisions the law assigns to it. |
Where this page's references lead.
The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.
Questions and answers.
Will GRA introduce us to lenders, insurers or investors?
Can the receiving party share the dossier further?
What if we change our mind?
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.