S.L. 371.16 Art. 10Specific liquidity requirements.

(1) For the purposes of determining the appropriate level of liquidity requirements on the basis of the review and evaluation carried out in accordance with these regulations, the competent authority shall assess whether any imposition of a specific liquidity requirement is necessary to capture liquidity risks to which a credit institution is or might be exposed, taking into account the following:

(a) the particular business model of the credit institution;

(b) the credit institution’s arrangements, processes and mechanisms referred to in Section II of Chapter 2 of