1. Overview

• Describe the business model of the firm. This information can be the same as that provided in other documents such as the ICAAP document or Recovery Plan.

- Presentation of a current and forecast balance sheet would be helpful to provide an overview of how the firm is funded and how the funding is used, in broad product categories.

• Describe material internal and external changes impacting the liquidity or funding profile, or the risk management framework for liquidity and funding since the ILAAP document was last approved.

2. Overall Liquidity Adequacy Rule (OLAR) – risk strategy and appetite

• Present the risk strategy and appetite established for ensuring compliance with OLAR.

- The liquidity and funding risk strategy and appetite should capture any elements of bespoke liquidity risk which are not captured well either in LCR or in the Statement of Policy on Pillar 2 liquidity, bearing in mind that compliance with LCR does not guarantee that OLAR is met.

• Explain which quantified risk appetite(s) represents the firm’s binding constraint.

3. Stress testing

3.1. Framework

• Explain the internal stress testing framework, including:

- stress scenarios used;