Effective from Aug 31 2021 - Aug 30 2021 To view other versions open the versions tab on the right
In this section, banks should describe the following:
i.
How intraday risk is created within their business, whether part of the payments system or not, their appetite for and approach to managing intraday liquidity risk of both cash and securities accounts and in both business as usual and stress conditions.
ii.
Details of how the bank assesses the adequacy of the process of measuring intraday liquidity risks, especially that resulting from the participation in the payment, settlement and clearing systems.
iii.
Details of how the bank adequately monitors measures to control cash flows and liquid resources available to meet intraday requirements and forecasts when cash flows will occur during the day.
iv.
How the bank carries out adequate specific stress-testing for intraday operations.
