Asset, Liability and Liquidity Update Detail

What's New

Topic 3 - Risk Management. Includes the following subtopics:

General

Risk Mitigation

Internal Controls

Topic 5 - Capital Management. This new topic provides a basic overview of a financial institution's responsibilities with respect to capital management used to support the organization's risk profile, business strategies, future growth prospects, and to provide a cushion against unexpected losses.

Topic 6 - Financial Performance Objectives. Includes the following subtopics:

General

Liquidity Goals

Key Objectives

Measuring Liquidity

Spread Management

Net Liquid Assets, Liquidity Ratio and Pricing

Financial Reports

Overview of Funding Assets

Overview of Funding Liabilities

Bank Investment Contracts

Borrowed Funds

Brokered and Rate Sensitive Deposits

Deposits, Core Deposits and Cash

Federal Income Tax Position

International Funding Sources

Large Depositors

Loan Concentration Guidelines

Loan Demand and Pricing

Negotiable and Brokered Certificate of Deposit

Public Funds

Purchased Funds

Secured and Preferred Deposits

Treasury, Tax and Loan Accounts

Topic 9 - Interest Rate Risk Policy Reference. This topic provides a brief policy summary statement and reference to a financial institution's formal interest rate risk policy.

Topic 11 - Regulation F Policy Reference. This topic provides a brief policy summary statement and reference to a financial institution's formal Regulation F policy.

Topic 12 - Audit Policy. This topic provides guidance with respect to a financial institution's requirement to conduct periodic independent audit reviews of its asset and liability management activities.

Topic 13 - Staff Training. Provides sample guidance for the periodic training of personnel involved in asset and liability management.

Topic 14 - Retention of Documentation. Provides sample guidance for the retention of documentation related to asset and liability management.

What's Revised

Topic 2 - Policy Statement. Includes the following subtopics:

General

Liquidity Terms and Definitions

Program Overview

Policy Goals

Enforcement

Exceptions to Policy

Topic 4 - Responsibility. Includes the following subtopics:

General

Senior Management

Formation of an Asset and Liability Management Committee

Responsibilities of ALCO

ALCO Membership

ALCO Meetings

Industry Awareness

Topic 6 - Liquidity Contingency Plan. Includes the following subtopics:

General

Plan Overview and Considerations

Basic Liquidity Crises Action Guidelines

Topic 8 - Dividend and Inter-Company Expense Policy Reference. Formerly Topic 9 "Dividend Policy", this topic was slightly expanded and includes a policy summary statement and reference to a financial institution's formal dividend and inter-company expense policy.

Topic 10 - Investment Policy Reference. Formerly Topic 12 "Investments", this topic was greatly expanded and includes a brief policy summary statement and reference to a financial institution's formal investment policy.

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