{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Credit Union Regulatory Guidance Including: NCUA, CFPB, FDIC, OCC, FFIEC","title":"Hot Off the Press: NCUA Issues Liquidity Risk Management Advisory 1/17/24","html":"","width":"100%","height":180,"duration":307,"description":"Liquidity Risk Management Advisory: An Overview\nIn this episode, Samantha Shares discusses the National Credit Union Administration's (NCUA) Advisory on Liquidity Risk Management published on January 17, 2024. Emphasizing on key areas of focus for credit unions to manage liquidity effectively, the episode explores various strategies including managing and forecasting cash flows, controlling asset composition, structuring liabilities to match asset growth, and maintaining diversified liquidity sources among others. The episode emphasizes on the recommendation for credit unions having access to a federal liquidity source. It also highlights the availability of useful resources on the NCUA's website, and mentions the webinars set to be hosted by the agency in 2024 to provide more information about liquidity risk management.\n00:00 Introduction and Sponsorship\n00:45 Advisory on Liquidity Risk Management\n01:20 Key Areas of Focus for Effective Liquidity Management\n02:05 Controlling Asset Composition\n02:27 Structuring Liabilities\n02:53 Developing Governance and Monitoring Structures\n03:20 Maintaining Diversified Liquidity Sources\n04:13 Agency's Future Plans and Resources\n04:52 Conclusion and Contact Information\nResources:\n§741.12 Liquidity and contingency funding plansCentral Liquidity Facility (CLF)The Federal Reserve Discount WindowAgencies Update Guidance on Liquidity Risks and Contingency Planning, July 2023The NCUA’s Liquidity Risk Resource","thumbnail_url":"https://img.transistorcdn.com/DblKo84_Ha6-XOQnfj5k1wmxCkQHeB53BeeKc2eI7dM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQ4MTk5LzE3MDM4/NTQxOTktYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}