PRA published Version 1 of the PRA110 liquidity metric monitor tool (PRA110 LMM tool), as part of its work on the Pillar 2 liquidity framework. It is for information only and must not be used to submit regulatory returns required by the rules. This tool is designed to demonstrate some of the metrics PRA calculates using the information from PRA110.
The PRA110 LMM tool may be updated after the publication of the final policy, following the finalization of the consultation (CP6/19) on updates to the Pillar 2 liquidity framework, if required, to align with an updated PRA110 reporting template. PRA110 LMM tool is being published to assist firms in the same way as the liquidity metric monitor (LMM) for FSA047 and FSA048.
Implementation of PRA110 and commencement of dual reporting period with FSA047 and FSA048 will begin on July 01, 2019. During the dual reporting period, the LMM tool for FSA047 and FSA048 will continue to apply. Firms are advised to continue to familiarize themselves with the policy, template, and instructions. Firms are also reminded to refer to the most recent questions and answers (Q&As) on the template and instructions and submit any questions that are not covered to their PRA supervisor.
Keywords: Europe, UK, Banking, Reporting, Pillar 2 Liquidity, PRA 110, Q&A, PRA 110 LMM Tool, FSA047, FSA048, Liquidity Risk, PRA
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