medium · FRM Part 2 Liquidity & Treasury Risk

A bank's total outgoing payment value for the day is $40 bn. Throughput guidelines require 50% settlement by 12:00 PM and 80% by 2:00 PM. By 12:00 PM, the bank has settled $18 bn. By 2:00 PM, it has settled $34 bn.

Which statement accurately describes the bank's compliance?

  1. The bank passed both benchmarks because the cumulative settlement exceeded $32 bn by early afternoon.
  2. The bank failed both benchmarks because it did not settle the full $40 bn by the close of the CLS window.
  3. The bank failed the 12:00 PM benchmark (settled 45%) but passed the 2:00 PM benchmark (settled 85%).
  4. The bank is in compliance as long as its end-of-day LCR remains above 100%.

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