The asset-liability committee (ALCO) is, or should be, the paramount balance sheet risk forum and authority in any bank, and I dedicate an entire chapter (Chapter 10) of my forthcoming book "Anthology: Past, Present and Future Principles of Banking and Finance" to discussing best-practice for ALCO governance and infrastructure. As a "taster", attached here is a template that one would use for an ALCO approval submission paper, taken from the book's associated website.

by Professor Moorad Choudhry, March 2018