Prudential Regulation Authority Rulebook
Part
Internal Capital Adequacy Assessment
Chapter
Adequacy of Financial Resources
Printed on:
08/09/2024
Rulebook at:
27/07/2024
2
Adequacy of Financial Resources
Overall financial adequacy rule
2.1
A
firm
must at all times maintain overall financial resources, including
own funds
and liquidity resources, which are adequate both as to amount and quality, to ensure there is no significant risk that its liabilities cannot be met as they fall due.
01/01/2014