# kaal:claim:1806252-029

**Claim.** Contesting the exclusivity objection, exclusivity of a banking relationship is not the only effective way to exercise control and manage risk: the intensity, endurance, and quality of the relationship also influence how much control a bank can exercise over a hedge fund.

**Type.** condition  **Support.** argued

**Holds when.**

- most hedge funds maintain more than one banking relationship

**Source quote.**

> The exclusivity of a banking relationship is perhaps not the only effective way to exercise control and manage risk. The intensity, endurance, and quality of the relationship also influence the level of control a bank may exercise over a hedge fund.

**From.** Kaal, *Hedge Fund Regulation Via Basel III* (2011), V.4 Hedge Fund Regulation via Basel III, page 72

**Cite as.** Kaal, Hedge Fund Regulation Via Basel III (2011). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1806252

**Verify.** sha256 of source PDF `3343ebfe05a925c3d1a75625c4b351ccff515c50819a48d155804daacf01429d` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202011%20-%20Hedge%20Fund%20Regulation%20Via%20Basel%20III.pdf

**Topics.** risk-and-incentives, systemic-risk, compliance

**Keywords.** counterparty-credit-risk, bank-relationships, monitoring, indirect-regulation

**Related claims.**

- supported_by: https://wulfkaal.github.io/claims/2748096-007

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.
