medium · FRM Part 2 Liquidity & Treasury Risk

A systemically important treasurer is reviewing the bank's Contingency Funding Plan (CFP).

Which scenario would most likely reveal a 'monitoring gap' between regulatory ratios (LCR) and intraday operational reality?

  1. A major correspondent bank withdraws intraday credit lines and delays all incoming payments until the end of the business day.
  2. A transition from a 99% Value-at-Risk model to a 97.5% Expected Shortfall model used for regulatory market capital.
  3. A rise in the bank's Net Stable Funding Ratio above 110%, driven by the recent issuance of new 5-year senior unsecured notes.
  4. A 200 basis point parallel upward shift in the yield curve that reduces the mark-to-market value of the bank's entire HQLA portfolio.

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