Importance Currently, there is a theoretical and methodological need for scientific researches into the nature and specifics of treasury risks, appropriate methodology and methodological instruments to manage the risks as part of operations of bodies of the Federal Treasury. Objectives The research specifies the definition of treasury risk, figures out structural components and prevailing characteristics. The article provides the theoretical explanation of the treasury risk, its structure in line with the specifics of this economic category. Methods I resorted to economic data collection and processing methods, analysis, comparison and monitoring of scientific concepts set forth in proceedings on the theory of risk by national foreign scholars. Results Based on the theoretical analysis, generalization and systematization of relevant materials, I specified the framework and concept of the treasury risk and its prevailing signs. I identified treasury risk factors, proposed methodological approaches to systematizing the main treasury risks. Upon theoretical generalization, I determined the main phases of the institutional approach to building the risk-oriented model of treasury control and implementing it into the governance mechanism. Conclusions and Relevance The treasury risk represents a financial risk of the biased nature that may cause services of the Federal Treasury to deviate from standards. The theoretical and methodological basis and methodological tools will allow reducing errors, managing treasury risks effectively and becoming an effective tool for making budgetary resources and the Federal Treasury management more efficient.
Keywords: treasury risk, risk factor, financial risk, activity, Federal Treasury
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