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These Guidelines outline the Central Bank's approach in assessing the strength of a credit union’s liquidity management framework. Among other things, they address the credit union’s assessment criteria, policies and controls, ongoing liquidity management, and contingency planning. Additionally, the Central Bank endorses the principles and best practices of the World Council of Credit Unions (WOCCU). Credit unions are encouraged to refer to these principles and best practices on the WOCCU’s website at http://www.woccu.org.
