Article 33
Monitoring overnight liquidity risks
In relation to overnight liquidity risks, the CSD-banking service provider shall apply both of the following:
(a)
maintain, for a period of at least 10 years, a record of the liquidity risks created by the use of overnight credit for each currency of the securities settlement system for which it acts as settlement agent;
(b)
monitor the liquidity risk created by the overnight credit extended against the maximum liquidity exposure created by the overnight credit extended, historically recorded.