PIB 9.3.10

Past version: effective from 01/01/2018 - 31/07/2018
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(1) An Authorised Firm in Category 1 or 5 must use the Maturity Mismatch approach, as set out in this section, to measure liquidity.
(2) When using the Maturity Mismatch approach, an Authorised Firm must determine the net cumulative Maturity Mismatch position for each time band by:
(a) determining, in accordance with the Rules in sections PIB A9.3 of PIB App9, the inflows (assets) and outflows (liabilities) which are, subject to their falling within one of the time bands, to be included in the Maturity Ladder and at what maturities;
(b) inserting each inflow (asset) and outflow (liability) into the relevant time band on the Maturity Ladder
(c) subtracting outflows (liabilities) from inflows (assets) in each time band.
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]