Regulatory Alerts2007-03-01
Ordinance No 11 of the BNB on Bank Liquidity Management and Supervision
The Bulgarian National Bank issues this Ordinance to establish comprehensive liquidity management requirements and supervisory procedures for banks. It mandates that banks implement robust strategies, dedicated management bodies, and information systems to identify, measure, and monitor liquidity risk across various time horizons and stress scenarios. The regulation further requires the maintenance of adequate liquid buffers, regular stress testing, and detailed contingency plans to ensure banks can meet obligations during both normal operations and crises.
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