MIR 4.7.26

Past version: effective from 21/10/2015 - 20/10/2015
To view other versions open the versions tab on the right

A Recognised Clearing House must regularly:

(a) review the adequacy of the amount of its minimum liquid resources as determined in accordance with Rule 4.7.22;
(b) test the sufficiency of its liquid resources maintained to meet the relevant amount through rigorous stress testing; and
(c) test its procedures for accessing its liquid resources at a liquidity provider.