PIB 9.1 PIB 9.1 Application
PIB 9.1.1 PIB 9.1.1(1) This chapter applies to an
Authorised Firmin Category1, 2 or 5. (2) Only PIB Rule 9.2.2(3) applies to an Authorised Firmin Category2.Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
PIB 9.1.1 Guidance
In accordance with Rules PIB 3.2.2 or PIB 3.2.4, an
Authorised Firmis required to ensure that there is no significant risk that liabilities cannot be met as they fall due. With specific reference to liquidity, an Authorised Firmmay meet its obligations in a number of ways, including:a. by holding sufficient immediately available cash or unencumbered readily marketable assets; andb. by securing an appropriate matching future profile of cashflows.