19)The liquidity strategy, key policies for implementing the strategy, and the liquidity risk management structure should be communicated throughout the organization by senior management. All individuals within business units conducting activities that have a material impact on liquidity should be fully aware of the liquidity strategy and operate under the approved policies, procedures, limits and controls.
20)Individuals responsible for liquidity risk management should maintain close links with those monitoring market conditions, as well as with other individuals with access to critical information, such as credit risk managers.
21)Individuals with direct responsibility over liquidity risk management at the banks should meet the fit and proper criteria of the Central Bank including appropriate academic qualifications, good character and sound financial position.