(1) An Authorised Person that has been granted a global liquidity concession must provide the Regulator with ongoing assurance about its Liquidity Risk by:
(a) submitting to the Regulator at least quarterly a copy of the LCR calculation for the Authorised Person, as submitted by its head office to its home supervisor;
(b) notifying the Regulator immediately of the results of every assessment which its home supervisor conducts which relates to the quality of liquidity systems and controls at its head office;
(c) notifying the Regulator in writing immediately of any adverse finding or action taken by its home supervisor;
(d) notifying the Regulator in writing immediately of any potential change in the Branch funding strategy, business model or material potential change in its balance sheet structure; and
(e) notifying the Regulator in writing immediately of any changes relating to its compliance with the conditions referred to in Rule A9.1.1.
(2) The Regulator may at any time, based on its assessment of the Liquidity Risk Exposures of an Authorised Person, by written notice adjust or exclude any of the requirements in (1), impose additional requirements or cancel the global liquidity concession granted to the Authorised Person.