Auditing Liquidity Risk Management for Banks
Liquidity is key to a robust and solvent financial sector. Supervisory principles hold boards accountable for an organization’s liquidity adequacy assessment and advocate a relevant and active internal audit role in assessing an organization’s liquidity risk management (LRM) process.
To assure an institution’s senior management and board that liquidity management is aligned to the business strategy and risk appetite, internal auditors need an approach that fulfills internationally supported standards and local regulations.
