Prudential Regulation Authority Rulebook

4.1

A firm must ensure that:

1. (1) its management body establishes the firm's liquidity risk appetite and funding risk appetite and that this is appropriately documented;
2. (2) its liquidity risk appetite and funding risk appetite are appropriate for its business strategy and reflect its financial condition and funding capacity; and
3. (3) its liquidity risk appetite and funding risk appetite are communicated to all relevant business lines.

[Note: Art. 86(2) (part) of the CRD]