2020-01-01
The Reserve Bank of Fiji issued Policy Statement No: 9A to establish minimum liquidity risk management standards for licensed banks under the Banking Act 1995. The regulation mandates that banks develop, document, and annually review a liquidity risk management policy endorsed by their Board of Directors. Banks are required to implement robust measurement tools, including liquidity indicators, maturity mismatch analysis, and cash flow projections, while maintaining adequate liquid assets and contingency plans.