Hot Off the Press: NCUA Issues Liquidity Risk Management Advisory 1/17/24
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Liquidity Risk Management Advisory: An Overview
In this episode, Samantha Shares discusses the National Credit Union Administration's (NCUA) Advisory on Liquidity Risk Management published on January 17, 2024. Emphasizing on key areas of focus for credit unions to manage liquidity effectively, the episode explores various strategies including managing and forecasting cash flows, controlling asset composition, structuring liabilities to match asset growth, and maintaining diversified liquidity sources among others. The episode emphasizes on the recommendation for credit unions having access to a federal liquidity source. It also highlights the availability of useful resources on the NCUA's website, and mentions the webinars set to be hosted by the agency in 2024 to provide more information about liquidity risk management.
00:00 Introduction and Sponsorship
00:45 Advisory on Liquidity Risk Management
01:20 Key Areas of Focus for Effective Liquidity Management
02:05 Controlling Asset Composition
02:27 Structuring Liabilities
02:53 Developing Governance and Monitoring Structures
03:20 Maintaining Diversified Liquidity Sources
04:13 Agency's Future Plans and Resources
04:52 Conclusion and Contact Information
Resources:
29 episódios