PRU 9.3.3
Past version: effective from 21/10/2015 - 20/10/2015
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An Authorised Person must at all times maintain an adequate level of HQLA to meet its liquidity needs for a minimum 30 calendar day period under a severe stress scenario.
Rules A10.2.2 to A10.2.9 in App10 set out the conditions for assets to be treated as HQLA.