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PIB 9.3.9 Guidance

1. An Authorised Firm should in its notification clearly explain:
a. the reasons for not meeting the limits;
b. measures that have been taken and will be taken to ensure it meets its LCR Requirement; and
c. its expectations regarding the potential duration of the situation.
2. An Authorised Firm that makes a notification should discuss with the DFSA what, if any, further steps it should take to deal with the situation.
[Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]