LM-1.3 LM-1.3 The Agency's obligation [Version up to 30 September 2007]
LM-1.3.1 [Version up to 30 September 2007]
The Agency will review with banks their policies, systems and controls for managing their liquidity.
LM-1.3.2 [Version up to 30 September 2007]
Banks are expected to monitor and maintain adequate liquidity not only for meeting the requirements of the unrestricted investment account holders, but also that arising for the restricted investment account holders.
LM-1.3.3 [Version up to 30 September 2007]
The Agency has established the following limits for negative maturity mismatch positions. Positions within such periods should be reported on a monthly basis (see section BR-4):
(i)
Self Financed and Current Accounts Only Period Limit 0-8 days 10% 8 days —1 month 20% (ii)
Unrestricted Investment Period Limit 0-8 days 10% 8 days — 1 month 20% (iii)
Restricted Investment Accounts Only Period Limit 0-8 days 10% 8 days — 1 month 20% (iv)
Self Financed, Restricted/ Unrestricted Investment Accounts & Current Accounts Period Limit 0-8 days 15% 8 days — 1 month 25%
