Liquidity Risk Management Readiness Checklist
Source: Deloitte Touche Tohmatsu
Are you ready for the more onerous liquidity risk management requirements that were recently proposed by the Basel Committee and the Committee of European Banking Supervisors? The Basel Committee and the Committee of European Banking Supervisors both released near-final documents containing new regulatory requirements for the management of liquidity risk. The questions given in the paper, that anybody with a broad view on the organization should be able to answer in the time span of a few minutes, attempt to cover many of these requirements. They should either give you comfort that the company is on track to reach liquidity risk management best practice, or will give an indication of where the major improvement areas are.