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Article 33 - Monitoring overnight liquidity risks

Comparing 10/03/2017 → 30/03/2017: 0 added, 0 removed, 2 changed Close comparison

In relation to overnight liquidity risks, the CSD-banking service provider shall apply both of the following:

((a))(a) maintain, for a period of at least 10 years, a record of the liquidity risks created by the use of overnight credit for each currency of the securities settlement system for which it acts as settlement agent;

((b))(b) monitor the liquidity risk created by the overnight credit extended against the maximum liquidity exposure created by the overnight credit extended, historically recorded.

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