Liquidity Management. (1) Within sixty (60) days of this Agreement, the Board shall develop and submit for a prior written determination of no supervisory objection, a written liquidity program to ensure the Bank maintains liquidity at a level that is sufficient to sustain the Bank’s current operations and to withstand any anticipated or extraordinary demand against its funding base, to include at a minimum:
Liquidity Management. 9. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the Division acceptable revised written policies and procedures designed to improve management of the Bank's liquidity position and funds management practices. The plan shall, at a minimum, address, consider, and include:
Liquidity Management. The Manager shall employ a liquidity management system to assess the consistency of the ICAV’s investment policy, liquidity profile and redemption policy.
Liquidity Management. 11. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the Division an acceptable revised written contingency funding plan that, at a minimum, identifies available sources of liquidity and includes adverse scenario planning.
Liquidity Management. (1) Within sixty (60) days, the Board shall develop and implement an asset liquidity enhancement plan designed to increase the amount of asset liquidity maintained by the Bank. Among other things, the plan shall include the timeline and means by which the Bank will lower and thereafter maintain its loan to deposit ratio (net of brokered deposits) to no greater than 85%.
Liquidity Management. 13. Within forty-five (45) days, the Association shall revise its liquidity and funds management policy (Liquidity Management Policy) to address all corrective actions set forth in the 2010 XXX relating to liquidity and funds management. The Liquidity Management Policy shall comply with all applicable laws, regulations and regulatory guidance.
Liquidity Management. Taking into account the investment strategy set out in the section "Investment Objective and Investment Policy" in the Special Part of the Prospectus, the Fund's liquidity profile is as follows: The liquidity profile of a Fund is determined by its structure in terms of the assets and liabilities of the Fund and the investor structure of the Fund. The liquidity profile of the fund thus results from the totality of this information. With regard to the assets and liabilities of the Fund, the liquidity profile of the Fund is based on the liquidity assessment of each investment and its share in the portfolio. For this purpose, various factors such as stock market turnover, creditworthiness or type of instrument and, if applicable, a qualitative assessment are taken into account for each investment instrument. The Company has set redemption policies as described in the section "Redemption of Shares". The Company monitors liquidity risks at the level of the Fund in a multi-stage process. This generates liquidity information both for the underlying investment instruments in the fund and for cash inflows and outflows. In addition to ongoing monitoring of the liquidity situation using key figures, scenario-based simulations are carried out. They examine how different assumptions about the liquidity of assets in the fund affect the ability to service simulated cash outflows. On the basis of both quantitative and qualitative factors, an overall assessment of the liquidity risk of the fund is then made. The Company regularly reviews these principles and updates them accordingly. The Company sets adequate limits for liquidity and illiquidity for the Fund. Temporary fluctuations are possible. The Company applies liquidity provisions and has implemented a liquidity monitoring process to assess the quantitative and qualitative risks of positions and intended investments that materially affect the liquidity profile of the Fund's asset portfolio. The purpose of these procedures is to provide the company with existing and constantly updated knowledge and experience of the liquidity of the assets in which the Fund invests or intends to invest. including, where appropriate, trading volumes and price sensitivity and, as appropriate, the spreads of individual assets under normal and exceptional liquidity conditions. The Company regularly conducts stress tests in accordance with legal requirements, currently at least once a year, with which it can assess the liquidity risks of the...
Liquidity Management. (1) Within sixty (60) days the Board and bank management shall adopt, implement, and ensure adherence to a comprehensive formal liquidity management program consistent with the guidelines set forth in the Interagency Policy Statement on Funding and Liquidity Risk Management, OCC Bulletin 2010-13, March 22, 2010. The Bank’s program shall be written and address, at a minimum, the following requirements:
Liquidity Management. (1) The Board shall immediately develop and implement a plan to increase the liquidity of the Bank to a level that is sufficient to sustain the Bank's current operations and to withstand any anticipated or extraordinary demand against its funding base. At a minimum, the plan must:
Liquidity Management. (1) The Bank shall at all times maintain sufficient liquid assets to meet the daily liquidity needs of the Bank. Effective immediately, the Bank shall prepare a daily liquidity report reflecting the amount of deposits and other liabilities coming due in the next thirty (30) days, together with forecasted on-book and off-book receivables growth (including expected credit card usage and collections); the level of liquid assets (including cash, Fed Funds, funds due from banks and other marketable securities); projected CD issuances; and other available committed financing facilities available for payment of these deposits, other liabilities, and funding of forecasted growth. The Bank shall maintain liquid assets of not less than 100% of the deposits and other liabilities coming due within the next thirty (30) days.
