PRU 9.3.11

(1) An Authorised Person in Category 1 or 5 must determine a net cumulative maturity mismatch position for the sight-eight day time band in respect of each of the following means of funding used by the Authorised Person:
(a) PSIAus; and
(b) Deposits.
(2) An Authorised Person in Category 1 or 5 must calculate its short-term liquidity by using the net cumulative maturity mismatch position separately for each means of funding used by the Authorised Person as a percentage of the means of funding in the sight-eight day time band as follows:
(a) PSIAus net cumulative Maturity Mismatch % =

Net cumulative maturity mismatch × 100/Total PSIAus
(b) Total Deposit liabilities net cumulative Maturity Mismatch % =

Net cumulative Maturity Mismatch × 100/Total Deposits
(3) If an Authorised Person exceeds a net cumulative maturity mismatch limit of -15% in respect of any of the means of funding it must immediately inform the Regulator in writing and clearly explain what steps it will take to bring its liquidity position back within the limit.