The PRA’s approach to supervising liquidity and funding risks – SS24/15 UPDATE

December 12, 2016

The PRA has published today an update to SS24/15 the supervisory statement on The PRA’s approach to supervising liquidity and funding risks. This is following the publication of PS35/16 ‘Responses to CP26/16’.

The SS covers the PRA’s expectations in relation to:

  • the Internal Liquidity Adequacy Assessment Process;
  • the Liquidity Supervisory Review and Evaluation Process;
  • drawing down Liquid Asset Buffers;
  • collateral placed at the Bank of England; and
  • daily reporting under stress.

Related links: