Читать книгу Liquidity Management - Soprano Aldo - Страница 7

We introduce funding liquidity risk in this first chapter and the stance of some regulators on the controls expected. The first section highlights some facts, events and changes in market conditions that have increased the importance of this risk type, so relevant in recent years. It should also provide an overview of the challenges that banks' treasury functions will face and will suggest how a financial institution could address and possibly manage them, in particular when one is experiencing stressed, difficult market conditions. The second section presents some indications on the management of liquidity funding risk, based on the author's experience and lessons learnt. The third and longest section describes and comments on regulatory frameworks – focusing on the International Basel Committee, EBA, PRA, USA FED – on liquidity and funding liquidity requirements and indications.