45. On evidencing implementation of the strategy regarding liquidity buffers and collateral …

On evidencing implementation of the strategy regarding liquidity buffers and collateral management, competent authorities should ensure that they receive from institutions the following:

• a. quantification of the minimum volume of liquid assets considered adequate to meet internal requirements;
• b. quantification of the current liquidity buffer, including its distribution over products, currencies, counterparties, regions/group entities, etc.;
• c. description of differences between the definitions of the elements of the ‘counterbalancing capacity’ and ‘high quality liquid assets’ according to Commission Delegated Regulation (EU) No 2015/61 including reasoning to show that the counterbalancing capacity is capable of covering risks not included under Regulation (EU) No 575/2013;
• d. projections of the development of the internally required minimum volume of liquid assets and available liquid assets over appropriate time horizons under both ‘business as usual’ and stressed conditions;
• e. quantitative overview and analysis of current and projected levels of asset encumbrance, including details of encumbered as well as unencumbered assets that could be used for generating liquidity;
• f. assessment of the time it takes to convert liquid assets into directly usable liquidity, taking into account legal, operational or prudential impediments to the use of liquid assets to cover cash outflows;
• g. analysis of the testing of assumptions in relation to the liquidity value of, and time to sell or repo, assets included in the liquid asset buffer.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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