CFP: Difference between revisions
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Contingency Funding Plan. | Contingency Funding Plan. | ||
A CFP is a Basel III requirement for a plan | A CFP is a Basel III requirement for a plan that 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. | The plan should be regularly tested and updated to ensure that it is operationally robust. | ||
Revision as of 11:04, 17 August 2016
Bank supervision.
Contingency Funding Plan.
A CFP is a Basel III requirement for a plan that 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.
