1. For the purposes of point (a) of Article 17(2), a CSD-banking service provider shall design and implement policies and procedures that:
((a))
measure intraday and overnight liquidity risk, in accordance with Sub-section 1;
((b))
monitor intraday and overnight liquidity risk, in accordance with Sub-section 2;
((c))
manage liquidity risk, in accordance with Sub-section 3;
((d))
report intraday and overnight liquidity risk, in accordance with Sub-section 4;
((e))
disclose the framework and tools for the monitoring, measuring, management, and the reporting on liquidity risk, in accordance with Sub-section 5.
2. Any changes to the overall liquidity risk framework shall be reported to the management body of the CSD-banking service provider.