| (9) | Matters relating to a bank's business as usual balance sheet mismatch |
A bank—
| (a) | shall in the completion of the section of the form BA 300 that relates to its business as usual balance sheet apply the same going-concern behavioural or other relevant assumptions as in the bank’s ALCO process, that is, the relevant required reported amounts— |
| (i) | shall be based on the bank’s relevant strategic and business plans; and |
| (ii) | shall be reconcilable to the bank’s ALCO model; |
[Regulation 26(9)(a) substituted by regulation 10(c) of Notice No. R. 297, GG 40002, dated 20 May 2016]
| (b) | shall obtain the prior written approval of its board of directors or board approved committee in respect of any assumption and reasoning applied in respect of the bank's ALCO process; |
| (c) | shall on request submit to the Registrar any board approved assumption applied by the bank in respect of the bank's ALCO process; |
| (d) | shall duly document any related policies, procedures and underlying workings in respect of the relevant business as usual balance sheet; |
| (e) | shall report the business as usual balance sheet on a static gap basis. |
