Joint Statement on Liquidity Risks to Banking Organizations Resulting from Crypto-Asset Market Vulnerabilities

Recent events in the crypto-asset sector have underscored the potentially heightened liquidity risks presented by certain sources of funding from crypto-asset-related entities.

The joint statement highlights key liquidity risks and some effective practices to monitor and appropriately manage those risks. The statement reminds banking organizations to apply existing risk management principles; it does not create new risk management principles.