BANK 9.1.10 Relation to internal capital adequacy assessment

A banking business firm must be able to demonstrate to the Regulatory Authority that its ICAAP adequately captures liquidity risk, even if the effect of liquidity risk on the firm's capital is indirect (for example, by reducing the value of the firm's assets at the time they are realised).

Note For ICAAP, see rule 3.1.5.

Inserted by QFCRA RM/2018-1 (as from 1st May 2018).