PIB A9.2.15
The following table specifies, for each of the various categories or types of liabilities and off-balance sheet commitments, the rates at which they are expected to run off or be drawn down for the purpose of calculating the LCR.
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Cash Outflows
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Item
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Factor
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| A. Retail Deposits: | |
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Demand deposit and term deposits (less than 30 days maturity): • Stable deposits • Less stable retail deposits |
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| Term deposits with residual maturity greater than 30 days |
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| B. Unsecured Wholesale Funding: | |
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Demand and term deposits (less than 30 days maturity) provided by small business customers: • Stable deposits • Less stable deposits |
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| Small business customers – Term deposits with residual maturity greater than 30 days with no legal right to withdraw or a withdrawal with a significant penalty |
0%
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Operational deposits or operational accounts generated by clearing, custody and cash management activities: • Portion covered by deposit insurance |
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| Cooperative banks or institutions offering Islamic financial services in an institutional network (qualifying deposits with the centralised institution) |
25%
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Non-financial corporates, sovereigns, central banks, multilateral development banks and PSEs: • If the entire amount is fully covered by a deposit protection scheme |
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| Other legal entity customers |
100%
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| C. Secured Funding: | |
| • Secured funding transactions with a central bank counterparty or backed by Level 1 HQLA with any counterparty |
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| • Secured funding transactions backed by Level 2A HQLA, with any counterparty |
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| • Secured funding transactions backed by non-Level 1 HQLA or non-Level 2A HQLA, with domestic sovereigns, multilateral development banks, or domestic PSEs as a counterparty |
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| • Backed by RMBS eligible for inclusion in Level 2B HQLA |
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| • Backed by other Level 2B HQLA |
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| • All other secured funding transactions |
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| D. Additional Requirements: | |
| Derivatives cash outflows or Shari'a compliant hedging |
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| Liquidity needs (e.g. collateral calls) related to financing transactions, derivatives and other contracts |
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| Market valuation changes on non-Level 1 HQLA posted collateral securing derivatives |
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| Excess collateral held by a bank related to derivative transactions that could contractually be called at any time by its counterparty |
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| Liquidity needs related to collateral contractually due from the reporting bank on derivatives transactions |
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| Increased liquidity needs related to derivative transactions that allow collateral substitution to non-HQLA assets |
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| Market valuation changes on derivatives transactions (largest absolute net 30-day collateral flows realised during the preceding 24 months) |
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ABCP, SIVs, Conduits, etc: • Loss of funding on Asset Backed Securities, covered bonds and other structured financing instruments |
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| • Loss of funding on ABCP, SIVs, SPVs, etc |
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Undrawn committed credit and liquidity facilities: • Credit and Liquidity Facilities: Retail and small and medium-sized enterprise clients |
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| • Credit Facilities: Non-financial corporates, sovereigns and central banks, PSEs, MDBs |
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| • Liquidity Facilities: Non-financial corporates, sovereigns and central banks, PSEs, MDBs |
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| • Credit and Liquidity Facilities: Banks subject to prudential supervision |
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| • Credit Facilities: Other financial institutions (include securities firms, insurance companies, fiduciaries and beneficiaries) |
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| • Liquidity Facilities: Other financial institutions (include securities firms, insurance companies, fiduciaries and beneficiaries) |
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| • Credit and Liquidity Facilities: Other legal entity customers |
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| • Other contractual obligations to financial institutions |
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| • Other contractual obligations to retail and non-financial corporate clients |
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Other contingent funding obligations: • Non-contractual obligations related to potential liquidity draws from joint ventures or minority investments in entities |
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| • Trade finance-related obligations (including letters of credit and guarantees) |
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| • Unconditionally revocable "uncommitted" credit and liquidity facilities |
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| • Guarantees and letters of credit unrelated to trade finance obligations |
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Non-contractual obligations: • Debt-buy back requests (incl. related conduits) |
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| • Structured products |
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| • Managed funds |
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| • Other non-contractual obligations |
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| Outstanding debt securities with remaining maturity > 30 days |
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| Non contractual obligations where customer short positions are covered by other customers' collateral |
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| Other contractual cash outflows |
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[Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]
[Amended] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]
[Amended] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]