Global Practice Guide: Auditing Liquidity Risk Management for Banks, 3rd Edition
Guidance | June 27, 2024
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Liquidity risk management is key to a robust and solvent financial sector. To assure an institution's senior management and board that liquidity risk management is aligned to the business strategy and risk appetite, internal auditors need an approach that fulfills internationally supported standards and local regulations, as well as The IIA’s Global Internal Audit StandardsTM.
This guidance gives an overview of international standards and best practices of LRM, including the use of an LRM framework.
This guidance supersedes the previous editions published in 2022 and 2017.