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  • LM-3.1 LM-3.1 Contingency Planning

    • LM-3.1.1

      Licensees must have in place a formal contingency plan that clearly sets out their strategies for addressing liquidity shortfalls in emergency situations. The results of stress tests should also play a key role in shaping the licensee's contingency planning and in determining the strategy and tactics to deal with events of liquidity stress.

      January 2014