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  • Independent Reviews

    • LM-1.3.7

      [This Paragraph was deleted in January 2022].

      Deleted: January 2022
      August 2018

    • LM-1.3.8

      The independent reviews of the liquidity risk management framework undertaken in accordance with Paragraphs HC-6.6.33 and HC-6.6.34, must cover the following:

      (a) The adequacy of internal systems and procedures for identifying, measuring, monitoring and mitigating liquidity risk;
      (b) The appropriateness of various internal limits on liquidity metrics for controlling liquidity risk;
      (c) The suitability of the underlying scenarios and assumptions for conducting cash flow analysis;
      (d) The integrity and usefulness of management information reports on liquidity risk; and
      (e) The adherence to established liquidity risk strategy, policies and procedures.
      Amended: January 2022
      August 2018

    • LM-1.3.9

      [This Paragraph was deleted in January 2022].

      Amended: January 2022
      August 2018