409. Competent authorities should assess the risks to liquidity and funding that have been identified as material for the institution. The purpose of this title is to provide common methodologies to be considered when assessing individual risks and risk management and controls. It is not intended to be exhaustive and gives leeway to competent authorities to take into account other additional criteria that may be deemed relevant based on their experience and the specific features of the institution.
410. This title provides competent authorities with a set of common elements for the assessment of risks to liquidity and funding.
411. The methodology comprises three main components:
a. assessment of inherent liquidity risk;
b. assessment of inherent funding risk; and
c. assessment of liquidity and funding risk management.
412. In the assessment of risks to liquidity and funding, competent authorities should verify the institution's compliance with minimum requirements provided by the rele
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