LM-1.1 LM-1.1 Liquidity Risk Management Framework
LM-1.1.1
Banks must establish a robust liquidity risk management framework, which includes an asset and liability management committee (ALCO). The framework must describe the role of ALCO and its relationship with the risk management function, and articulate the delineation of powers, responsibilities and reporting lines for different departments and levels of management, so that the liquidity risk management strategy, policies and procedures are implemented effectively.
August 2018LM-1.1.2
A bank's liquidity risk management structure must be commensurate with the nature, scale and complexity of the bank's business activities.
August 2018
