IBANK 8.4.18 Monetising HQLA during periods of liquidity stress
During a period of liquidity stress, an Islamic banking business firm may monetise part of its HQLA portfolio, and may use the cash so generated to cover cash outflows. It may allow its LCR to fall below the level required by rule 8.4.16 to the extent necessary to deal with cash outflows during that period.
Inserted by QFCRA RM/2018-2 (as from 1st May 2018). |