Regulatory Alerts2019-06-05
Financial Institutions (Liquidity Risk Management) Regulation 2009-2012
The Central Bank of Seychelles mandates licensed banks to maintain liquid assets averaging at least twenty percent of total liabilities and establish a dedicated Risk Management Committee. Financial institutions must implement written liquidity risk policies that define daily management strategies, set position limits, and incorporate stress testing across all materially active currencies. Compliance is enforced through weekly asset reports submitted by Tuesday noon, mandatory crisis management plans, and financial penalties for sustained liquidity deficiencies.
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