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LM-2.4.2

A bank's MIS must encompass information in respect of the bank's liquidity cushion, major sources of funding and all significant sources of liquidity risk, including contingent risks and the related triggers and those arising from new activities. Moreover, a bank's MIS must have the ability to calculate risk measures to monitor liquidity positions:

(a) In all currencies, both individually and on an aggregate basis;
(b) Under normal business conditions and during stress events, with the ability to deliver more granular and time-sensitive information for the latter;
(c) For different time horizons (e.g. on an intraday basis, on a day-today basis for shorter time horizons (of, say, 5 to 7 days ahead), and over a series of more distant time periods thereafter); and
(d) At appropriate intervals (in times of stress, the MIS reports must be capable of being produced at more frequent intervals such as daily, or even intraday if necessary).
August 2018