Entire Section

  • Measuring Liquidity for Category 1 and Category 5

    • PIB 9.3.11

      (1) An Authorised Firm in Category 1 or 5 must determine a net cumulative Maturity Mismatch position for each time band in respect of each of the following means of funding used by the Authorised Firm:
      (a) PSIAus; and
      (b) deposits.
      (2) An Authorised Firm in Category 1 or 5 must calculate its liquidity by using the net cumulative Maturity Mismatch position separately for each means of funding used by the Authorised Firm as a percentage of the means of funding in each time band as follows:
      (a) PSIAu net cumulative Maturity Mismatch % =
      Net cumulative Maturity Mismatch x 100
      Total PSIAus
      (b) Total deposit liabilities net cumulative Maturity Mismatch % =
      Net cumulative Maturity Mismatch x 100
      Total deposits
      (3) An Authorised Firm must ensure that its net cumulative Maturity Mismatch position for each means of funding used by the Authorised Firm in the sight - 8 days time band does not exceed negative 15%
      (4) An Authorised Firm must notify the DFSA in writing immediately if it exceeds or is likely to exceed the net cumulative Maturity Mismatch limits referred to in (3).
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
      [Amended] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]
      [Amended] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]