Entire Section

  • Intra-day liquidity

    • PIB 9.2.10

      (1) An Authorised Firm must manage its intra-day liquidity positions prudently to ensure that it is able to meet its settlement and payment obligations in a timely manner under business as usual and stressed conditions, in all material currencies and active markets.
      (2) For the purposes of (1), an Authorised Firm must be reasonably able to:
      (a) identify and prioritise the most time critical payment and settlement obligations;
      (b) measure daily gross liquidity inflows and outflows and any potential funding gaps;
      (c) identify cash flow timings and shortfalls at different points in time during the day;
      (d) manage the timing of cash outflows to give priority to time critical payments; and
      (e) obtain sufficient intra-day funding, including intra-day liquidity facilities from correspondent banks or Central Banks.
      Derived from DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]