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  • LM-1.3 LM-1.3 The CBB's Obligation [Version up to 31 July 2018]

    • LM-1.3.1 [Version up to 31 July 2018]

      The CBB will review with banks their policies, systems and controls for managing their liquidity.

      Amended: January 2011
      October 2007

    • LM-1.3.2 [Version up to 31 July 2018]

      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.

      October 07

    • LM-1.3.3 [Version up to 31 July 2018]

      The CBB has established the following limits for negative maturity mismatch positions. Positions within such periods should be reported on a quarterly basis as part of the PIRI (see Section BR-3):

      (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%
      Amended: April 2014
      Amended: January 2011
      October 2007