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  • CRA-6.4 CRA-6.4 Liquidity Risk

    • CRA-6.4.1

      Licensees must maintain a liquidity risk policy for the management of liquidity risk, which is commensurate to the nature, scale and complexity of its activities. This policy must be approved by the Board of Directors and regularly reviewed by the senior management of the licensee.

      Amended: April 2023
      Added: April 2019

    • CRA-6.4.2

      Among other things, the licensee's liquidity risk policy must identify the limits it applies, how it monitors movements in risk and how it mitigates loss in the event of unexpected liquidity events.

      Added: April 2019