Gives the key elements of a sound liquidity risk management framework: governance (board and senior management responsibilities, independent reviews and audits); identification, measurement, monitoring and control (metrics and tools, risk control limits, early warning indicators, MIS); the cash-flow approach (scope and frequency of projections, net funding gaps, assumptions and techniques); stress-testing and scenario analysis with behavioural assumptions and use of results; foreign currency liquidity; funding diversification and market access; a liquidity cushion; intragroup and intraday liquidity risk; collateral management; and the contingency funding plan with its testing and maintenance. Classification: a statutory guideline issued by the Monetary Authority under the Banking Ordinance §7(3); version V.2, 25.11.16; applies to all AIs.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.