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5.2 Strategic and Liquidity Planning

No: 42012157 Date(g): 17/10/2020 | Date(h): 1/3/1442 Status: In-Force

Effective from Aug 31 2021 - Aug 30 2021
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i.The ILAAP should support strategic decision-making and, at the same time, be operationally aimed at ensuring that the bank maintains adequate liquidity on an ongoing basis, thereby promoting an appropriate relationship between risks and rewards. All methods and processes used by the bank to steer its liquidity as part of the strategic or operational liquidity management process are expected to be approved, thoroughly reviewed, and properly included in the ILAAP and its documentation. The quantitative and qualitative aspects of the ILAAP should be consistent with each other and with the bank’s business strategy and risk appetite.
 
ii.The ILAAP should be aligned with the business, decision-making and risk management processes of the bank. It should also be consistent and coherent throughout the group.