CFP: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Expand. Source: BIS http://www.bis.org/publ/bcbs144.pdf) |
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A CFP is a Basel III requirement for a plan the clearly sets out a firm's strategies for addressing liquidity shortfalls, under both firm-specific and market-wide situations of stress. | A CFP is a Basel III requirement for a plan the clearly sets out a firm's strategies for addressing liquidity shortfalls, under both firm-specific and market-wide situations of stress. | ||
The plan should be regularly tested and updated to ensure that it is operationally robust. | |||
Revision as of 14:29, 14 August 2016
Bank supervision.
Contingency Funding Plan.
A CFP is a Basel III requirement for a plan the clearly sets out a firm's strategies for addressing liquidity shortfalls, under both firm-specific and market-wide situations of stress.
The plan should be regularly tested and updated to ensure that it is operationally robust.
