PIB 9.2A.1

(1) An Authorised Firm must develop a funding strategy that provides effective diversification in the sources and nature of its funding.
(2) An Authorised Firm must ensure that the funding strategy is in writing and is approved by its Governing Body.
(3) The funding strategy must be in line with the Authorised Firm's stated Liquidity Risk tolerance and supported by robust assumptions that are consistent with the Authorised Firm's budgeting and business planning process.
(4) The funding strategy must be supported by systems that allow the Authorised Firm to identify, measure, manage and monitor funding positions.
(5) An Authorised Firm must ensure that its funding strategy is reviewed regularly and at least annually, and is updated as necessary in light of changed funding conditions and any change in the Authorised Firm's strategy.
(6) An Authorised Firm must notify the DFSA in writing immediately of any material changes to the Authorised Firm's funding strategy.
[Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]
[Amended] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]